Ecuadorian legislation regulates the use of the
association or joint accounts and the consortium as forms of
associations for public procurement, which facilitates the
participation of the private sector in business with the
State.
As part of the development of commercial activities, it is
common for natural and legal persons to use forms of associations
that allows them to jointly and efficiently conduct businesses in
the private and public sectors. A summary of the legal framework
applicable to these forms for public procurement is presented
below.
The law establishes as forms of association: the
association or joint accounts, the consortium or consortium
agreement; and, joint venture.
