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What Risk Factors Are Top of Mind for Association Event Organizers?

Velvet Chainsaw

Three primary risk categories are emerging as organizations weigh their options for major conferences in 2021: Mitigating financial risk. Mitigating Financial Risk. Financial predictions. Financial challenges continue to be at the forefront for many associations. Contract concerns. Health, safety and duty of care.

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

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Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. However, from past experience, any time that there has been a shift from a seller’s to a buyer’s market, those contracts signed during a seller’s market just flat out had to be updated. From Recovery to Reform. Remove Barriers.

Contracts 397
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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Over the last year, Smart Meetings wrote about contract and budgeting tips and trends this year for the event planner who wants to keep on top of their financials, so they can keep creating memorable experiences. What they aren’t so great at is considering the nuances in your financial plan. In short, think big.

Contracts 105
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News: Force Majeure Clauses and a Financial Firm’s Lawsuit Victory

Event Marketer

It wasn’t long ago that force majeure was commonly perceived as insignificant boilerplate language added to the end of an event contract. Court of Appeals verdict, a new precedent for event contracts may have been set, as MeetingsNet reports. Now four years later, in the wake of a U.S.

Financial 115
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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.” In other words, the cleaning protocols listed in the contract are solely the responsibility of the property to fulfill and monitor.

Contracts 115
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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.

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