> At 1:08 AM -0700 9/23/04, Tony Hain wrote: > >2.1.4 - 6 months for the reserve is a funny number for an organization where > >the nominal income period is 4 months. Wouldn't it make more sense to spell > >out a reserve that covered a disaster case of a canceled meeting after the > >contracts had been signed? Something like: > >Also, in normal operating circumstances, the IASA would look to have a 6 > >month operating reserve for its non-meeting activities plus twice the recent > >average for meeting contract guarantees. > > I had been thinking that the IAOC will probably choose to get event > insurance to cover cancellation of an IETF meeting due to outside > forces (airline strike, earthquake, etc.). > Mmm.. maybe for those. But I bet not for tragic events like terrorist strikes/threats or war related issues. So setting up some reserves of our own seems better to me. Also no so sure about things like a SARS outbreak and people just choose to not to travel. Bert _______________________________________________ Ietf@xxxxxxxx https://www1.ietf.org/mailman/listinfo/ietf