Knutsford Business Improvement District Feasibility Study

Description

This project is funded by the UK government through the UK Shared Prosperity Fund (UKSPF). The appointed contractor/supplier will be expected to ensure adherence to all UKSPF guidance. Knutsford Town Council has previously discussed the idea of a BID for Knutsford Town Centre with businesses in 2018 and 2019. In 2018 this involved a presentation from the Town Centre Manager, Altrincham BID Manager and a member of Groundwork. The presentation outlined what a BID was and how they worked, how much could be raised for Knutsford and brief examples of projects it could undertake. An informal ballot was held which resulted in a 50-50 vote. In 2019 this was followed up with an email to businesses again outlining a BID, BID process and what a Knutsford BID could achieve. Again, an informal ballot was held asking if a 1.5% rateable value levy was proposed (raising £530,272) how would you vote. This resulted in another 50-50 split. 2020 brought the pandemic and the project was put on hold. Knutsford Town Council has now received funding to commission an external BID Feasibility Study. Please see the attached tender specification for full details including how to tender and the evaluation process.