Examples of BID Policy in a sentence
By signing this section, the bidder/proposer agrees to comply with the City of Dallas BID Policy.
The BID Policy establishes subcontracting goals and requirements for all prospective bidder/proposer to ensure a reasonable degree of M/WBE business inclusion and participation in City contracts.
That is a matter for business association members/BID affiliates to determine.Requirement 1: Auckland Council requires BID-operating business associations to fully comply with the Business Improvement District (BID) Policy (2021) (Kaupapa Hereā-Rohe Whakapiki Pakihi).Requirement 2: BID programmes should aim to develop strategic economic activities that support and benefit their BID affiliates and provide value to the collective business community.
The BID-operating business association is responsible for ensuring the BID programme delivery and success.In recognition of the BID-operating business association’s independent status, the BID Policy does not prescribe standards for local BID programme effectiveness.
The BID Team monitor compliance with the BID Policy.The BID Team provide an annual localised report for individual local boards based on the BID- operating business association overall compliance with the BID Policy (2021).This review and reporting is part of an active risk management programme to minimise inappropriate use of funds.
They must not rely on additional council funding to financially support the organisations administration costs and overheads.Requirement 5: The BID-operating business association must ensure the association’s constitution is not inconsistent with the BID Policy 2021 and support documents.Requirement 6: BID-operating business associations need to review, and amend if required, their current constitutions in time to present for member approval at their 2022 AGM.
The intent of the issue resolution process is to assist the BID-operating business associations to comply with the BID Policy 2021 and be able to continue to govern and operate the BID programme.
These Policy Operating Standards form part 2 of the BID Policy (2016) and outline operational aspects of BID programmes.
A business association operating within the BID Policy (2016) is an independent legal entity.
Table 6: Growth mechanisms (Principle 27)Facilitated via the BID Policy (2016) Facilitated by the business association a) Expansion of BID programme boundaries: • The business association board considers this during the annual review of its strategic/business plans.