We're aiming for a cost neutral BID
If and when the Love Great Western Road BID comes into being, all of the businesses within the BID boundary will be charged an annual levy to support the improvement ambitions of our business proposal.
The levy is calculated according to the rateable value of your business, and rates are outlined below. The total amount raised annually will used to implement our 5 year BID business plan which will be circulated to all of you shortly.
We hope you'll agree that the levy rates are very reasonable and will allow us the scope to make many of the improvements outlined in our business proposal which you will receive shortly. LGWR trading area improvements will be used to complement existing baseline services provided by Glasgow City Council and will not replace them.
Our ambition is that LGWR businesses can work together to make our BID largely "cost neutral". We hope that we can use our collective bargaining power to negotiate favourable deals on utilities etc, and to strike new service contracts which will save us all money.