TenderX

Why we picked it Your fastest route around a turnover or experience wall you cannot clear alone: borrow someone else's track record. It walks the concrete move, three firms each capped at a 2 crore bidding limit combine into a consortium to clear a larger tender, and separates a consortium (existing firms teaming up) from a JV (a new legal entity), plus the pre-bid agreement covering profit split, roles and exit that any real government bid requires.

Consortiums and Joint Ventures: How They Can Benefit SMEs in Government Tenders

From TenderX by TenderX editorial 8 min read

• A consortium pools the members' turnover and experience so the group clears eligibility no single new firm could
• Consortium means existing companies collaborate; a joint venture creates a new legal entity, and government tenders treat them differently
• Draft the JV or consortium agreement (profit and loss split, lead partner, roles, exit, dispute resolution) before you submit, not after you win