Governance

Following a successful ballot, Sunderland BID launched in April 2014 and in November 2023 the BID had a successful renewal ballot to allow it to run for a third 5-year term.

Articles of Association are the written rules, agreed and set by the Board of Directors, which set out the rules on how the company is governed.

The Operating Agreement is the formal document agreed between the BID and the Council, setting out the collection and enforcement action associated with the BID Levy.

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2023.

The Directors of the BID have agreed to the terms of the policy concerning both the appointment and termination of Directors of the Company.

The number one priority of the BID regarding procurement is to invest back in to levy payers and the local economy, wherever possible.

When appointed, all directors are requested to complete a register, detailing information on other directorship, personal interests and family business interests.  This is to ensure complete transparency when discussing issues relating to the Sunderland BID business plan and procurement of contracts.

We take a look back at what we’ve been up to in the past year and what we have in store for next year.

You can request an invitation to the Annual General Meeting.

We engage with our businesses on a regular basis, but if you have any specific feedback you would like to share you are able to.

Sunderland BID’s Board of Directors meet as a minimum once a quarter.  You can request a copy of the minutes from these meeetings.