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Delivering Quality, Innovation and Knowledge to the BID industry

Accreditation, the industry recognised standard, externally assessed by independent auditors, and in line with the Industry Criteria & Guidance

Suitable for newly developed and operating BIDs, British BIDs accreditation provides evidence of a BID’s quality management systems and return on investment provided through its service delivery. Established in 2011, it is the industry recognised standard, assessed by independent auditors, in line with the Industry Criteria & Guidance.

Following feedback from BIDs the accreditation process now has the option of being able to be completed online. The cost has also been reduced to enable more BIDs to achieve the kitemark.

What is assessed?

Accreditation provides an assessment of the following BID components; 

Governance

Evaluates the selection process and effectiveness of the board, directors and members of the BID.

Management and Operations

Evaluates the staffing structure, contracts and appraisals. This theme also covers insurance policies and data protection.

Financials

Evaluates the BID financial systems, ensuring professional and transparent procedures. 

Performance Management

Evaluates the methods used by the BID to review performance and ensuring the views of levy payers are fed back in to reflect the changing needs of the area.

Communication and Reporting

Evaluates the BID’s communications activity, focussing on how processes and activities are reported to levy payers and how return on investment for levy payers is assessed.

What are the benefits?

As the BID industry grows and matures, voting businesses are increasingly looking at reassurance in terms of BID’s governance, quality of delivery, performance management and return on investment. Achieving Accreditation provides reassurance that the BID is a well-run organisation that businesses can have confidence in. Accreditation helps you through the process of putting the right structures into your BID.

The badge of Accreditation matters to Head Office Voters. The Industry Criteria and Guidance recommends that BIDs should be independently audited at least once every BID term.

Testimonials from businesses voting in multiple BID locations;

“Adherence to the tenets of the Industry Criteria and Guidance provide the best route to a yes vote from the larger companies.”

John Fletcher, Nationwide Real Estate Manager

“Accreditation helps provide reassurance to levy payers that effective governance and structure is in place to deliver accountable local partnerships which businesses can actively support and engage with in confidence.”

Jim Hubbard, Policy Advisor, British Retail Consortium

Testimonials from accredited BIDs

“The Bb accreditation process was an easy decision for us. It rubber stamped our operations and governance structure to ensure we meet industry criteria, which is hugely valuable to us as a BID committed to providing accountability and transparancy to our levy payers.”

Catherine Turness, Executive Director, Winchester BID

“The Accreditation process is an important part of stopping and reviewing the BID’s objectives and systems.  The external evaluation challenges the systems and processes that are in place to ensure they are robust and transparent.  Like any profession, having an accreditation process improves standards and reassures customers”

Di Powell, Chief Executive, inSwindon BID

“Receiving the accreditation from British BIDs is a positive endorsement and helps Norwich BID to evidence the quality of work and management being delivered in our city centre. The application process enabled our team to effectively review our processes and procedures and ensure we meet the highest quality in our provision for the BID business community.”

Caroline Bidewell, Office and Engagement Executive, Norwich BID

“Accreditation is a mark of the robust and transparent governance that underpins our organisation providing assurance to our members and stakeholders.”

Lee Walker, Nottingham BID Manager

“Having the British BIDs Accreditation helped us to secure support and votes at our renewal ballot without question. It reassures businesses that we have good systems in place and I would absolutely recommend Accreditation to other BIDs.”

What is the process?

The process is extremely straightforward and comes in five stages;

Application Form – Self-Assessment (online) – Pre-Audit Assessment – Audit – Board approval

The Board is made up of the following people;

Jim Hubbard, Policy Advisor, British Retail Consortium

John Fletcher, Real Estate Manager, Nationwide

Chris Turner, Chief Executive, British BIDs

Marc Myers, intu

Accreditation lasts for three years, full re-application is required there after.

Please ensure you declare the following evidence files in your application.

Once you have completed the self-assessment you will receive feedback from an independent auditor who will provide advice on your application. The next stage is to submit to the final assessment with any changes to be audited and signed off by the Accreditation Board.

 

Which BIDs are accredited?

Currently accredited BIDs
Baker Street Quarter Partnership
Bath BID
Croydon BID
Hammersmith London
Ilford BID
inSwindon
Ipswich Central
Love Wimbledon
Newbury BID
Norwich BID
Nottingham BID
PaddingtonNow
Shrewsbury BID
Southend BID
Successful Sutton
Swansea BID
The Fitzrovia Partnership
Winchester BID

What is the cost?

The cost of accreditation is £975 for British BIDs members with their 25% discount. The cost for non-members is £1,300.

How do I start?

If you would like to receive more information regarding the accreditation process, please call us on 0845 112 0118 or email contact@britishbids.info

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