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Contract Negotiations

Date post: 22-Feb-2016
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Contract Negotiations. Lori Bower Vice President National Conferences. Event Specifications. Know your needs to obtain what is needed: Dates Locations Vendors Space & Furnishings Catering Technical Sessions Guestrooms Golf Course . Preparing Your Event Specifications. - PowerPoint PPT Presentation
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Contract Negotiations Lori Bower Vice President National Conferences
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Page 1: Contract Negotiations

Contract Negotiations

Lori BowerVice President

National Conferences

Page 2: Contract Negotiations

Event SpecificationsKnow your needs to obtain what is needed:

• Dates• Locations• Vendors Space & Furnishings• Catering• Technical Sessions• Guestrooms• Golf Course

Page 3: Contract Negotiations

Preparing Your Event Specifications

• Daily Events Scheduled - Days, Dates & Times

• Function/Room Sets

• Estimating Attendance

Page 4: Contract Negotiations

Preparing Your Event Specification• Estimating Catering

• Technical Requirements – Audio/Visual, Telephone & Data

• Guestroom NIGHTS

Page 5: Contract Negotiations

Let the Negotiations Begin

• Rates & Attrition

• Cut-Off Dates

• Deposits & Billing

• Onsite & Post Event Reporting

Page 6: Contract Negotiations

Visitors Bureau, Site Visits & Proposals• Enlist the Expertise of Your Local

Convention & Visitors Bureau• Contact Multiple Venues• Physically Inspect a Minimum of

Three Sites• What to Look For During Your Site

Inspection• Proposals Before Contracts

Page 7: Contract Negotiations

Let the Negotiations Begin• They Need You More Than You Need Them! Make

the Hotel’s Contract Your Own• Nonprofit vs. Corporate• Know Venue Exclusives to Avoid Expenses Not

Budgeted• Multi-Year Discounts• Services for Guestrooms

Page 8: Contract Negotiations

Contract Clauses in Layman Terms• ADA• Construction, Remodeling & Deterioration of Venue• Change in Ownership or Management• Indemnification & Hold Harmless

Page 9: Contract Negotiations

Contract Clauses in Layman Terms

• Arbitration• Union Contracts• Force Majeure (with/without

Contract Contingency Clause)• Co-Dependency with Other

Facilities• Group Cancellation

Page 10: Contract Negotiations

Executing the Contract

We are here to support your event; let us help! SCTE National Conferences Review

• Agreement Due Date

• Acknowledgement

• Authorized Signature(s)

Page 11: Contract Negotiations

Executing the Contract

The hosting venue can make or break your event; do not settle for less than what is required!

Page 12: Contract Negotiations

Questions


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