Bb Accreditation is the industry recognised standard, externally assessed by independent auditors, and designed in line with the Business Plan Criteria and the National Guiding Principles for a BID.
The Accreditation process can be completed online.
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.
"The accreditation process really helped when writing up the business proposals for our ballot." - James Payne, Projects Officer, Your Pontypridd 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, Head of Operations, Norwich BID
“I found the process effective and efficient with excellent communications from British BIDs membership support. We used the process as part of our company mid term review for which it certainly helped us look afresh at our BID and provided reassurance on the practices and processes we have in place. Like any business development is important, the accreditation process helped this by identifying areas we could improve and develop which we have now implemented.” – Russell Greenslade, Chief Executive, Swansea BID
"Going through the accreditation enabled the company to take a step back and re-evaluate how we are operating, look at what we are doing well, and where we can improve. It also provided the Board with a certain level of confidence about how the company is managed, while identifying areas where we can improve, something the Board are always keen to do. The checklist of the documents required is exceptionally useful as is the support provided by British BIDs. Watford BID was successful in its application for accreditation which has provided the Board and our levy payers with confidence about the way the company is managed and the way we work and communicate with our levy payers and stakeholders. I would recommend Bb accreditation to other BIDs." - Maria Manion, Chief Executive, Cambridge BID
"The Soho Road BID board are over the moon to be the first BID in West Midlands to have achieved the British BIDs accreditation. We used the accreditation process during our first term re-ballot the process gave us the perfect opportunity to highlight our strengths and identify areas where we could improve which we have already started implementing. This accreditation will provide our board, partners and levy payers with the confidence that the company is being managed to a high standard and the security that we have a robust and transparent governance system." - Bob Balu, Chairman, Soho Road BID
The process is extremely straightforward and comes in five stages;
Accreditation lasts for three years.
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.
Governance
Management and Operations
Financials
Performance Management
Communications and Reporting
The cost of accreditation is £975 for British BIDs members with their 25% discount. The cost for non-members is £1,300.
If you would like to receive more information regarding the accreditation process, please email mel.richardson@britishbids.info.
Watford BID
One Maidstone BID
Rhyl BID
Our Colchester
Cambridge BID
Plymouth Waterfront
FOR Cardiff
Soho Road BID
Fleet BID
Hammersmith London
Ilford BID
Poole BID
Weymouth BID
Nottingham BID
MyMiltonKeynes
Southend BID
Swansea BID
Watford BID
Newcastle-under-Lyme BID
Winchester BID
Bristol Broadmead BID
North Notts BID
Worcester BID
South Bank BID
Sidcup Partners
Merthyr Tydfil
Northfield BID
Yorkshire Coastal BID