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Contract Negotiations Lori Bower Vice President National Conferences.

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Presentation on theme: "Contract Negotiations Lori Bower Vice President National Conferences."— Presentation transcript:

1 Contract Negotiations Lori Bower Vice President National Conferences

2 Event Specifications Know your needs to obtain what is needed: Dates Locations Vendors Space & Furnishings Catering Technical Sessions Guestrooms Golf Course

3 Preparing Your Event Specifications Daily Events Scheduled - Days, Dates & Times Function/Room Sets Estimating Attendance

4 Preparing Your Event Specification Estimating Catering Technical Requirements – Audio/Visual, Telephone & Data Guestroom NIGHTS

5 Let the Negotiations Begin Rates & Attrition Cut-Off Dates Deposits & Billing Onsite & Post Event Reporting

6 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

7 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

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

9 Contract Clauses in Layman Terms Arbitration Union Contracts Force Majeure (with/without Contract Contingency Clause) Co-Dependency with Other Facilities Group Cancellation

10 Executing the Contract We are here to support your event; let us help! SCTE National Conferences Review Agreement Due Date Acknowledgement Authorized Signature(s)

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

12 Questions


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