Within a consortium, each party has its own project manager. Together, they choose a leader to coordinate and present “a face to the customer.” Normally the party with the largest volume becomes leader. The chief cannot bind the parties without the prior agreement of all. Only in very exceptional cases can the Guide act immediately. He has to do it impartially! This is only to preserve rights for the consortium or to avoid imminent risks or damage. This is the case, for example, in an emergency related to health and safety or environmental damage. The formation of a consortium may also be a precondition for the filing of a PSR, as many PFEs require strength and depth of project experience, which can only be provided by several parties who “share” their experience as a member of a consortium of bidders. The implementation of the PPP project requires material construction, operations and maintenance activities. This means that the consortium is usually made up of sponsors representing these interests. In practice, it is normal for the consortium to consist of a contractor, a service provider, an operating and maintenance provider and an identified lender. The previous point should be clear: a consortium cannot charge. The underlying companies, which are unionized partners, must each take into account the progress made in their respective volumes.
Typically, the parties provide a cover letter that aggregates the underlying invoices. Technically, this cover letter is not an invoice. I`ve seen that many employer representatives oppose multiple invoices, but… There is no other way. A joint venture does not have this problem. As we have said, a partnership under H2020 does not mean outsourcing. On the one hand, a partner takes a risk by investing in the project in order to exploit the benefits of positive results in the future. This means that all consortium members share the risks of the project because they are working on their own resources and financial support and they have their own expertise to achieve results for the project. Continued regulation of IP-related issues is not mandatory, but is highly recommended for consortium partners. The following IP issues can be taken into account in the consortium agreement: a consortium and a joint venture can allow two or more parties to come together and participate in a tender.
And if they succeed, they will execute the contract together. Thanks to “shared and multiple responsibility,” the employer is no less well off than that of a single contractor. In fact, common -several means that the employer can go either or both to fulfill the contract or get damages.