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Contracts, Negotiations and Financials

SmartMeetings

A Breakdown of Post-Pandemic Contract Clauses. New Contract Essentials in an Ever-Changing Environment. Contracting in the current Covid climate is complex—everything feels unsettled, so it’s hard to know how to plan. Event Contract Essentials in the Covid Era.

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Event Contract Essentials in the Covid Era

SmartMeetings

event contract. Foster, CHME, an attorney with Foster, Jensen & Gulley , for an exclusive Q&A on event contract essentials in the Covid era. Listen to “Event Contract Essentials in the Covid Era” on demand.

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New Contract Essentials in an Ever-Changing Environment

SmartMeetings

2022 contracting will require going back to basics. Contracting in the current Covid climate, however, is complex—everything feels unsettled, so it’s hard to know how to plan. Anyone who has written a contract in the COVID era has learned one thing—patience!

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Acing the Post-COVID Contract

SmartMeetings

If there’s one thing coronavirus has done, it’s shone a spotlight on the importance of having a rock-solid contract to protect you from legal action. Before the coronavirus, many venue contracts didn’t feature force majeure clauses , and too many planners may not have seen a need for it.

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Before You Sign That Contract: 5 Hotel Contract Tips For Novice Planners

Endless Events

Let’s take the skill of hotel contract negotiations ; novice planners tend to feel overwhelmed by the nitty-gritty details of hotel contracts and often learn as they go. However, depending on your hotel contract, you can get away with not filling up all of your rooms.

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Event Contract Negotiations in 2022 Are a Whole New Game

Skift Meetings

Crafting the right attrition and cancellation clauses in event contracts is more important than ever. Contract experts share their advice on how best to negotiate in the current climate. Event Management tips event industry hotels Contracts venue contract negotiation attrition

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3 Event Contract Trends in 2022

Skift Meetings

If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. Performing the activities stipulated in the contract had been made impracticable.

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COVID-19 Considerations for Meetings Contracts

SmartMeetings

attorney at Devlin Law Firm, explained in a recent Smart Meetings Accelerator webinar “ COVID-19 Considerations for Meetings Contracts ” that the answer is complicated. The first step is to read your contract,” Devlin said.

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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Post-Covid Contract Solutions.”. We’ll delve into a condensed review to address what and what not to include in your venue contract, as well as negotiation tactics and what can potentially trigger a force majeure. The Act of God: What To Include in Your Force Majeure Contract.

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Event Contract Considerations for 2021

SmartMeetings

Has this year strengthened your relationship with the event contract? Over the months, Sheaks noticed more hotels and venues using liability waivers, along with enhancing safety protocols, revising contracts , signage and training.

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Your Post-COVID Planner Contract Questions Answered

SmartMeetings

In the latest Smart Meetings Accelerator “ Top Planner Contract Questions Answered ,” Lisa Sommer Devlin, an expert in contract law at Devlin Law Firm , answers those very questions (and more) for planners. Or can some of the wording in the original contract be changed?

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Venue Contract Negotiations: A Primer for Eventprofs

EventMB

Are you negotiating a venue contract for the first time or need a refresher on getting a better deal? The post Venue Contract Negotiations: A Primer for Eventprofs by EventMB Team appeared first on [link]. Venues negotiation venues venue contract negotiationHere’s what you need to know. Negotiating is something you either love or hate. You enjoy the thrill of the hunt or you wish the “money talk” never had to happen. But while you may get […].

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Contracting Conference Speakers

Gallus Events

And how many did I ask to sign a contract or any kind of agreement before they spoke? Contracting conference speakers just wasn’t something I did. In fact, I haven’t come across ANY formal speaker contracts in the score or more organisations in which I’ve completed event consultancy. Formalising the “contract” between speakers and event organiser. Contracting Conference Speakers is now a priority and here is why.

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How to Create an Event Contract

EventPlanning

Creating event contracts can be intimidating. Don’t fret, this article will help you create a basic event contract that will include clauses to help protect your event business. Your contract is a tool that will protect your time, reputation as well as your bank account.

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Negotiating Event Contracts In a Post-Covid World

Decibel Management

Les Goldberg talks with Cindy Lo from Red Velvet, Tim Glanzer from Elevated Meetings Solutions, David Sonntag from Decibel Event Management and Wendy Drake from The Webster Group about negotiating the contract in a post-Covid world.

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Master Win-Win Negotiations for Your Contracts

SmartMeetings

Contracts are legally binding agreements between two parties that help ensure services are performed, eliminate miscommunication and spell out options in the event of a disagreement. In a recent Smart Meetings webinar, “ A Legal Guide to Partnering with Suppliers ,” Lisa Sommer Devlin, a 25-year veteran hospitality contracts lawyer, shared key insights into negotiating win-win agreements with suppliers. Following are her tips for mastering contracts.

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6 Best Ways To Save On An Event AV Contract

Endless Events

I will break down the best ways to save money in an event AV contract without compromising your event. Through the extremely valuable web session conducted by Jon Trask, I will break down some key savings opportunities in an event AV contract.

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Should presenter contracts include a no brown M&Ms rider?

Conferences that Work

Van Halen ‘s 1982 World Tour performance contract contained a provision calling for them to be provided backstage with a bowl of M&Ms from which all the brown candies had been removed. If the group arrived at a venue and discovered brown M&Ms present, they knew they needed to immediately check all contract stipulations — including important matters like whether the stage could actually handle the massive weight of the band’s equipment.

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Your Event Goals Should Determine Your Venue Contract — Not The Other Way Around

Endless Events

Newbie event planners will often pick a venue, negotiate a deal with them, and sign the venue’s provided contract. . Here’s how your event goals can (and should) change your venue contract in those areas. Sign Contracts That Further Your Event Goals.

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7 Critical Tips for Contract Clauses

SmartMeetings

Writing contracts and negotiating terms with suppliers can be tricky. In a recent Smart Meetings webinar, veteran hospitality contracts attorney Lisa Sommer Devlin shared some tips for creating win-win contracts. Here are the contract clauses you shouldn’t do without. Avoid using the name of the event as the contracting party; it is not a legal entity, and therefore cannot be held responsible if something goes wrong.

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Meeting Professionals Prepare for Economic Downturn

EventMB

They are tightening contracts, establishing advance payments, exploring new skills, and keeping up with their networks. Business News contract clauses contracts economic downturn insurance recession

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Third-Party Planners Are Taking Charge to Protect Their Contracts — Will it Last?

EventMB

The sweeping cancellations and pandemic-related uncertainties have exposed vulnerabilities in the way third-party planners get paid, which is pushing some to redefine their contracts in order to protect their interests.

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How to Market Yourself as a Contracted Event Planner

ePly

If you’re a contracted event planner, whether it's for colleges, weddings, or a corporate setting, you know that marketing yourself is half the job. We put together three go-to strategies for driving interest, establishing relationships, and ultimately securing dream event contracts.

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Extraordinary matters: mia launches contract guidance

Event Industry News

The Meetings Industry Association (mia) has launched guidance to the sector to assist contract negotiations and to help mitigate the impact of COVID-19 on trade. Conference News Featured News contract guidance Coronavirus Covid-19 mia

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Event Planning Contract

International Institute of Event Management

critical piece of event planning is developing the initial contract that your client will enter into. A contract legally binds your client to your company. This contract assists your company to prevent monetary losses. There are a few necessary clauses to include in your contracts like the Payment Terms, Cancellation Terms, and Indemnity Clause. . The contract should include a due date for the initial deposit.

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The mia publishes updated operating and contract guidance

Event Industry News

The Meetings Industry Association (mia) has updated its Operating and building confidence in a risk-averse world best practice and contract guidance , following the government’s easing of Covid-19 restrictions.

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5 Critical Things You Need in an Event Planner Contract

Capterra Event Management

Before those expectations are met, they must be clearly defined in an event planner contract, not only to establish certainty between you and your client, but to protect you from the ramifications of any obstacles that may come up. Here are the five things every event planner must include in their event planner contract. Unless you are running your event planning services as a charity, it is important to set up all the payment details in your event planner contract.

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Common Contract Mistakes

Connect Your Meetings

Register now for “Common Contract Mistakes” Sometimes little errors can cause big problems. Lisa Sommer Devlin, an attorney who has represented hotels regarding event contracts for over 25 years, will highlight some of the most common contract mistakes that she sees in her practice and gives you tips on how to avoid legal disputes. Learning Objectives: Learn common contracting mistakes that are most likely to lead to disputes.

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AV Contracts Explained

Canadian Special Events

As an event planner, you need to sign a lot of contracts and let’s face it, some of them can be confusing, particularly the AV contracts. Luckily, Jon Trask breaks it down what you need to know to get through a long and complex AV contract. . The deposit is due when you sign the contract and its purpose is to ensure you follow-through with your agreement. Many times vendors state that you are responsible for the items both in and out of the contract.

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Contracts and Negotiations Amid Covid: Best of What’s Worked in 2021

Smart Meetings

With the pandemic and public concern fluctuating in the midst of uncertainty, event planners and professionals are left with an enormous responsibility to prepare themselves, their guests and their contracts for whatever comes next. Event Contract Essentials in the Covid Era.

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Meetings Industry Association releases updated contract guidance

Event Industry News

The Meetings Industry Association has updated its contract and cancellation guidance to help mitigate the impact of COVID-19 on future bookings and ensure all parties are protected. To download the latest contract guideline visit [link].

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Post-Pandemic Event Contracts: A New Approach

MeetingsNet

One of the best-attended sessions of the 17th annual Pharma Forum conference for medical-event planners, held virtually this year from June 15-19, was “Meetings Contracts in the Post-COVID Era.”

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What to Always Include in Your Event Planning Contract

Social Tables

In any type of contract work, miscommunication can arise between the contractor and client. You need a written contract to outline the terms and conditions of your service. A contract will be the go-to source in the event of a dispute. So be sure to always include these features in your event planning contract. Verbal agreements are not enough: an event planning contract will outline specific terms. A contract is your safety net.

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Music City Center Awards Audio/Visual Contract to LMG

Exhibitor Magazine

Music City Center President and CEO Charles Starks announced today the award of a contract for audio/visual services. The contract. NASHVILLE, TENN. Venues and Destinations

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6 Strategies for Large Event Contract Negotiations

SmartMeetings

While some event professionals may gleefully embrace the prospect of negotiating contracts for large events, many would rather run for the hills. You would be surprised at how many people do not actually read every line in a contract. Some vendors give unreasonably short time frames to review a contract. Negotiating event contracts is a great exercise in compromise. The post 6 Strategies for Large Event Contract Negotiations appeared first on Smart Meetings.

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Eventist Group wins RHS Chelsea Flower Show catering contract worth £25million over five years

Prestige Events Magazine

Eventist Group has won the prestigious catering contract for RHS Chelsea Flower Show, sponsored by The Newt in Somerset. The five-year contract will see Eventist Group provide diverse food and drink opportunities for more than 100,000 guests over the six-day event.

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Know Your Rights: Contracting for AV Service

MeetingsNet

Ever been hit with fees for using an outside partner after you have signed a contract? Not sure how to contract for WiFi service? Too often, our clients report that these stipulations and fees were disclosed to them after a contract had been signed. Disclose and Contract Early.

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Protecting Your Event with Contracts and Insurance

MeetingsNet

Thorough and appropriate contract coverage is a must. Negotiating & ContractsHannah Kinnersley. Don’t let a series of unfortunate events derail your conference. Don’t let a series of unfortunate events derail your conference. read more.

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Negotiating the Perfect Multiyear Contract

SmartMeetings

Long-term contracts —three, five or even ten years—can save you money, especially if you book during a hotel or resort’s slower times. “A A three-year contract can mean a 10 percent savings,” says John Berglund, CEO of Mira Smart Conferencing , a management software firm in Clayton, Missouri. With a careful eye to the details, a multiyear contract can be your friend. The post Negotiating the Perfect Multiyear Contract appeared first on Smart Meetings.

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Eventist Group wins RHS Chelsea Flower Show catering contract worth £25milion over five years

Event Industry News

Eventist Group has won the prestigious catering contract for RHS Chelsea Flower Show, sponsored by The Newt in Somerset. The five-year contract will see Eventist Group provide diverse food and drink opportunities for more than 100,000 guests over the six-day event.

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