BID Toolkit - Step 1: Demonstrable need

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To contact any of the Partnership Solutions team running the London BIDs programme please email contact@londonbids.info

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BID Toolkit

1. Demonstrable need

Is there a demonstrable need for a BID as opposed to any other form of partnership initiative and has this need been measured?

Up to two years before ballot

BIDs are not the panacea to all urban management problems
Although in some cases the BID concept may provide the appropriate vehicle to sustain an existing partnership initiative through the levy income, this will not be suitable in many situations
BIDs will only be appropriate in areas where local business leadership and commitment is forthcoming
There are a number of key considerations right at the outset of the BID development process as follows:
- be clear about the urban management need in the area
- identify why this need has arisen and whether this is likely to a short or long term problem
- measure the extent of the need from a quantitative and qualitative perspective by undertaking a feasibility study
- consider whether a BID could provide the appropriate solution to the need identified, whilst at the same time considering other forms of partnership initiative

Downloads
Click on the links below to directly access the downloads

	BID fact sheet
	Download File size 66.08 KB
	BID feasibility study- South Bank
	Download File size 563.88 KB
	BID feasibility study- Stratford
	Download File size 344.08 KB
	International BID Week report
	Download File size 1.18 MB
	The process of setting up a BID partnership
	Download File size 191.71 KB
	Download this step as a PDF
	Download File