A Partnership of Shared Fate: The Realities and Risks of Consortiums

There are many reasons why parties choose to enter into consortium arrangements, or why project owners may require them. While consortium arrangements inevitably present challenges and potential for internal conflict, they also offer significant opportunities for collaboration, risk-sharing, and access to broader expertise and resources. By maintaining a focus on collective objectives and putting in place robust contractual and claims management safeguards, consortium members can not only navigate difficulties more effectively but also maximise the chances of project success.