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3 Event Contract Trends in 2022

EventMB

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. A lot of contracts don’t specify that.

Contracts 178
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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. What if you’re not happy with your choice?

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Can I Negotiate Venue AV Charges? – Whiteboard Wednesdays

Endless Events

As you are seeing the fee’s mounting on you may have even wondered, “Can I negotiate AV charges?” But in order to negotiate venue AV charges, you must arm yourself with knowledge, strong negotiating skills, and the will to walk away if you need to. Video Transcription: Can I Negotiate Venue AV Charges?

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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. Many times event av contracts bill by hours or days. Duration of Equipment Rental.

Contracts 117
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10 plus books every meeting planner needs to read

Eventinterface

So, this book has definitely helped me in this area,” states Owens. “I have never read a book about event planning specifically, but I found Getting to Yes: Negotiating Agreement Without Giving In by Fisher, Roger, Ury, William L.,

Meetings 149
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What Happens When “Fear” Majeure Is Used to Postpone or Cancel an Event?

Smart Meetings

Again, it depended on whether the applicable contract contained a force majeure provision and whether that provision was the “long” or “short” form (i.e. Again, this can be addressed either initially in the contract, or by negotiating additional addendums or riders to the contract after the fact.

Contracts 105
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Booking Group Business in the Future of Meetings

SmartMeetings

It was deemed “better than nothing,” but if used, it was suggested that this option should accompany a clause in the contract that allows an in-person site inspection at a future date. Based on the in-person site inspection, that clause should allow meetings professionals the option to cancel the contract without penalty.

Meetings 123