Konsortsiumi
Konsortsiumi is the genitive form of konsortsium in Estonian and is used to refer to a consortium, a temporary alliance of two or more independent organizations formed to undertake a specific project or achieve a shared objective. The term derives from the Latin consortium, meaning partnership or fellowship, and is widely used in business, law, and public procurement.
A konsortsiumi typically operates under a contractual framework rather than as a single legal entity. Members
Governance is set out in the agreement and may include a lead member, defined roles, voting rules,
Contexts for konsortsiumi include large infrastructure procurement, research collaborations, and cross‑sector ventures. In public procurement, bidding
Compared with a joint venture, a konsortsiumi is typically temporary and contractually based rather than creating