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The Local Government Finance Bill (2017), which can be found here, is now passing through Parliament and includes the provision for Property Owner BIDs to be created across England.

To assist BIDs in their thinking on this matter, British BIDs has released a brief guide and think piece about Property Owner BIDs including some factors that the industry might like to consider.

A reminder of the BID regulations (2004) can be found here.

British BIDs has been supportive of the principle of further Property Owner BIDs and remains so. In discussion with DCLG, we have been asked to submit written evidence to the Parliamentary Committee and, alongside ATCM, it is our intention to do so.

We will be submitting our evidence at the beginning of next week. Therefore, any feedback will be greatly received before then.

In order that our response is representative, we are seeking thoughts from all BIDs, including regional Chairs.

You can give us your feedback via 0845 112 0118 or email your thoughts to contact@britishbids.info

 

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