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.

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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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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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.

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.

Event Contract Considerations for 2021

SmartMeetings

Over the months, Sheaks noticed more hotels and venues using liability waivers, along with enhancing safety protocols, revising contracts , signage and training. The post Event Contract Considerations for 2021 appeared first on Smart Meetings.

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.

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 […].

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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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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.

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.

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].

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.

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.

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.

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

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.

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.”

GL events UK sign five-year contract extension with The R&A

Event Industry News

GL events UK and The R&A have signed a five-year contract extension to further their longstanding, successful partnership, until 2026. We firmly believe that our extended contract will provide the foundation for progressive development and innovation for many future golf tournaments.”.

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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.

CompuSystems Extends Contracts with SCA and NAFEM

Exhibitor Magazine

LISLE, Ill.,  CompuSystems has signed renewal deals with Specialty Coffee Association (SCA) and North American Association of Food Equipment Manufac. Company News

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Contract trends: What’s old may be new again

Plan Your Meetings

percent of respondents claim contract negotiations are becoming more complex. Today’s hotel meeting contracts are getting longer and longer and that would certainly indicate more specificity, if not more complexity. Whether contract trends are new or old, it is the meeting professional’s responsibility to read every single word of the contract carefully and seek advice from their legal counsel as warranted. Attrition clauses to address in your next hotel contract.

What Is Inefficient Risk Transfer? The Use of Indemnification in Construction Contracts

BizBash

In parenting, there is no written contract between the adult and to child to transfer the responsibility for the loss or damage. In construction, there should be a written contract to transfer the risk when you are stuck between a rock and a hard place. Construction Law 1), Andrew Wallace and Victoria Merritt give a contractor’s perspective to contractual indemnity provisions in construction contracts.

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.

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.

Did the FAR Lose Its Mojo in the Government Contracts World? Depends.

BizBash

In Lockheed , the Army awarded two separate indefinite-delivery, indefinite-quantity, time-and-materials (“T&M”) contracts to Lockheed for various support services. Following various audits, the Government filed a complaint against Lockheed seeking more than $115 million in reimbursement based upon a claim of breach of contract. Both contracts expressly incorporated FAR provisions, including 52.232-7 addressing T&M and labor-hour contracts.

10 Essential Points to Include in Your Venue Contract

BizBash