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Conference Contracts Vita Feuerstein Manager, Conference Contracting.

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Presentation on theme: "Conference Contracts Vita Feuerstein Manager, Conference Contracting."— Presentation transcript:

1 Conference Contracts Vita Feuerstein Manager, Conference Contracting

2 IEEE Contract Policy Contracts with a value of $25,000USD or greater must be submitted to IEEE for review by a subject matter expert and signed by IEEE procurement department.

3 What is the purpose of the review? Eliminate Ambiguity Ensure Contract is mutual Minimize Financial Liability Qualify Contract –Venue Selection Process –Sleeping Room Block –Food and Beverage Commitment

4 What is new in 2008?

5 Standard Hotel Contract Templates Starwood Hyatt Hilton Fairmont Disney Marriott Wyndham

6 What does this mean to you? You still negotiate the “Terms of Sale” –Sleeping room rate –Sleeping room block –Meeting room space –Concessions

7 What does this mean to you? QUICKER TURN AROUND TIME

8 What does this mean to you? –Eliminate Ambiguity - DONE –Ensure Contract is mutual - DONE –Minimize Financial Liability - DONE

9 What does this mean to you? SME will still: –Ensure negotiated clause with attorneys were not altered –Confirm sleeping room block and F&B comment is realistic to the needs of the meeting

10 Standard Contact Templates are posted at http://www.ieee.org/web/conferences/organiz ers/contracts.html

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