The BID Ballot 2026-2031

What is a BID?

Business Improvement Districts (BIDs) are the fastest growing partnership framework seen in decades in the UK. A BID is a geographically defined area where firms pay into a ring-fenced pot that funds additional services that the businesses have decided upon and approved in a legal ballot and which will benefit themselves as well as the wider local community. The BID is a legal instrument within the Business Improvement Districts (England) Regulations 2004.

Each business pays according to its size (by rateable value: R.V.) to fund the additional services approved by the businesses. The provision of the additional services is managed and implemented by the businesses themselves and in the case of Langthwaite Business Park through a legal entity known as the Langthwaite Business Association (LBA). The directors of LBA are elected by members (those that pay the BID Levy) annually at the Annual General Meeting of the LBA. 

A Bid lasts for up to five years, which is why the current Langthwaite BID, which started in 2021, needs to be renewed by a new ballot if they BID is to continue from April 2026 onwards for five more years.