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BID 2

Sheffield BID started in 2015. The business improvement district includes over 500 levy paying businesses within the inner ring road. As we approach the end of our five year term, under Government legislation, we are required by law to run a renewal ballot to continue to a second term (2020-2025).

BID 2 Timetable

March-June 2019
Consultation with a cross-section of levy paying businesses

May 2019
Survey issued to all businesses who would be liable to pay the annual BID levy if occupying a property with a rateable value of £40,000 and above, within the boundary of the inner ring road at the time of the ballot

June 2019
Closing date for all questionnaires – 30 June 2019

July-December 2019
Analysis of your feedback/draft business plan developed. Businesses consulted

January 2020
2020-2025 business plan launched 30 January 2020

March 2020
BID Ballot papers issued on 31 March 2020 and voting starts (30-day postal ballot)

April 2020
Close of postal ballot at 5pm on 30 April 2020 with result announced on 1 May 2020

August 2020
If the vote is successful, a second term will commence on 1 August 2020 (The first term of Sheffield BID will end on 31 July 2020)