We spent some time in Miami Beach last month, planning for an upcoming client event. It’s Miami Beach, so of course, some of our functions will take advantage of beautiful outdoor spaces. But as beautiful and lovely as those outdoor spaces are, they bring a whole host of new challenges that need to be handled during the planning process.
Contract Negotiation
Negotiating contracts comes pretty close to the top of our list of “most favorite event activities.” You shouldn’t be surprised by that – we’ve talked about how much we love contracts before (here and here). It’s not one of the most glamorous or high-profile tasks when it comes to event management, but it is one of the most important. Much attention is paid to the f
The contract was signed eons ago and the planning process has been smooth, but now I have to sign a huge stack of something called BEOs? Didn’t we cover all of this in the contract?
Well, it’s that time again – we’ve cycled back to contracts! But since there’s so much to discuss (and as I told you, I absolutely LOVE reviewing contracts), it never gets old! So this week, as you can probably guess from the title, we’ll be covering 3 Cs – contracts, concessions and cost.
This week’s topic is one of my favorites… there is nothing I enjoy more than that moment – after taking the time to research venues, go on site visits, send out RFPs, accept and/or negotiate a deal – that I receive that first contract for review. Yes, emphasis on first here, because I must say in my career I have never signed the first version of a contract.