Introduction

The BRC, IBRF and the FSB support the concept of BIDs, particularly in circumstances where they address issues of real local concern and where the benefits outweigh the costs. As a business-led solution, BIDs are the preferred mechanism for raising additional revenue to fund responses to local problems. When BIDs are developed, implemented and operated effectively, they can be a useful way for businesses to work together with other community partners to improve trading
locations.

These guidance notes aim to assist developing and renewing BIDs as they set out their business case and provide some indications as to the minimum expectations of most levy payers.

Circumstances specific to each location may be taken into consideration.