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Outcome of the referendum in the United Kingdom

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Q: When do consortium agreements have to be signed?
A: Consortium agreements are made to regulate the relations between partners in a consortium. They could therefore be concluded as soon as partners enter into commitments. It is possible to conclude a preliminary “core” consortium agreement already at the stage of initial discussions of the proposal, i.e. before proposal submission. This core agreement can later be amended according to the evolving needs of the consortium. If partners want to exclude parts of their existing know-how from access, this has to be agreed before the signature of the contract, i.e. in this case the consortium agreement has to be signed at the latest before contract signature.

Category : Contracts and legal issues