The Consortium Agreement Construction Project is essential when multiple organizations need to formally collaborate on complex construction projects in England and Wales. This agreement type is particularly valuable for large-scale developments requiring diverse expertise and resource sharing. It addresses key aspects including risk sharing, profit distribution, governance structures, and operational procedures while ensuring compliance with UK construction regulations and industry standards. The document is commonly used in major infrastructure projects, commercial developments, and public sector construction where multiple specialist contractors need to work together under a unified framework.
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1. Parties: Identifies all consortium members and their legal details
2. Background: Sets out the context and purpose of the consortium
3. Definitions: Defines key terms used throughout the agreement
4. Consortium Structure: Details the organizational structure and roles of consortium members
5. Project Scope: Defines the construction project scope, objectives, and deliverables
6. Financial Arrangements: Details cost sharing, payments, profit distribution, and financial management
7. Management and Decision Making: Outlines governance structure, voting rights, and decision-making processes
8. Liabilities and Indemnities: Defines responsibility allocation, risk sharing, and indemnification obligations
9. Term and Termination: Sets out duration of agreement and circumstances for termination
10. General Provisions: Contains boilerplate clauses including governing law, notices, and entire agreement
1. Insurance Requirements: Details specific insurance arrangements and minimum coverage requirements
2. Intellectual Property Rights: Addresses ownership and usage rights of project-related intellectual property
3. Dispute Resolution: Sets out specific procedures for resolving disputes between consortium members
4. Change Management: Procedures for handling changes to project scope or consortium membership
5. Confidentiality: Provisions regarding handling of confidential information and trade secrets
1. Schedule 1 - Project Programme: Detailed timeline, milestones, and project phases
2. Schedule 2 - Resource Allocation: Breakdown of resource commitments from each consortium member
3. Schedule 3 - Payment Schedule: Detailed payment terms, mechanisms, and financial contributions
4. Schedule 4 - Technical Specifications: Project technical requirements, standards, and specifications
5. Schedule 5 - Risk Register: Identified risks and agreed mitigation strategies
6. Appendix A - Key Personnel: List of key staff and their roles from each consortium member
7. Appendix B - Form of Collateral Warranties: Standard form warranties to be provided to third parties
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