Consortium means an unincorporated association of natural or juridical persons bound by contract or law, solidarily undertaking by mutual written agreement a common enterprise which is to participate in the Bidding Process.

Consortium Law and Legal Definition. The term Consortium has the following distinct meanings: The benefits that a person is entitled to receive from another like companionship, cooperation, affection, aid, financial support etc. Examples: Filial consortium- A child's society, affection, and companionship given to a parent; Paternal consortium-A parent's society, affection, and companionship given to a child;