Latest News | 20 April 2021
Cathedral Quarter BID achieves quality kitemark
The Cathedral Quarter Business Improvement District has become one of the first in the UK to be awarded a BID industry kitemark for the quality of its work.
The BID, which was first established in 2008, is one of more than 300 business-led partnerships operating in the UK.
Its governance and quality have been scrutinised against 11 new standards, which have been developed by The BID Foundation, alongside governments and other BIDs, to encourage transparency and responsible governance in the sector.
The set of industry standards cover the key aspects of a BID’s structure and operations, which help to inform levy payers and stakeholders.
These standards include the BID business plan, governance reporting, directors and personal interests, as well as details on ballot results.
Ashley Lewis, senior BID project manager for the Cathedral Quarter Business Improvement District, is a member of the BID Foundation Council, which sets the direction for the BID Foundation.
He said: “Business Improvement Districts operate for the benefit of the levy payers they serve and these new Industry Standards, set by The BID Foundation, give reassurance to levy payers that BIDs are transparent, open and professionally operated.
“These 11 standards were achieved by the Cathedral Quarter BID and we have been pleased to have been part of this initiative.”
