What is a BID?
Business Improvement Districts (BIDs) are areas where businesses make a payment, on top on their business rates, to fund improvements, services and events to enhance trading within their area. Further information regarding BIDs can be found here.
How is a BID set up?
All businesses in a defined area are given the opportunity to vote for or against forming a BID. A BID will only be formed if over half the businesses vote in favour of forming a BID and the combined rateable value of the properties voting in favour is more than 50% of the total rateable values of the businesses who voted.
If the vote is in favour of forming a BID, all businesses will be liable to pay the BID levy even if they voted against it.
Bid areas within Wolverhampton Council’s area
We currently have 2 BID areas:
- Wolverhampton City Centre
- Bilston Town Centre
Further information regarding:
- the BID rules for each BID
- the area covered by each BID
- the BID Business Plan, and
- events planned
can be accessed by following the link below for the relevant BID Company.
City of Wolverhampton Council’s Role
The council act as collection agents on behalf of the BID company. We will issue bills, reminders and summonses, and will take appropriate action to recover any unpaid BID charges. Additional costs will be incurred if we have to take action to recover unpaid charges.
The council will pass any money collected to the BID company.
Any queries regarding the ballot, BID rules, or the service provided by the BID Company should be made direct to the BID company.
If you are unable to pay the BID by the due date you should contact the council to discuss payment.
BID Company Contact Details
Please contact the BID companies at:
Wolverhampton BID Company Limited
176-178 Stafford Street
Tel: 01902 710903
c/o The Robin 2
20-28 Mount Pleasant
Tel: 07534 603662
Pay your BID levy
For any other enquiries, please complete the web form below.
Contact the Council
Web form: Complete the web form below
Telephone: 01902 554064