On the assumption that both BIDs are successful a two-tier governance structure is proposed which will take the form of one single company covering both BIDs, rather than having a separate company for each BID. This will be led by a Strategic Board (Company Board) which will drive the longer-term ambitions of Blackpool for both its leisure and retail sectors. It will have the primary responsibility of setting the strategic agenda, providing leadership and leveraging investment, in support of developing further the Blackpool visitor economy, while the two individual BIDs will focus on tactical delivery and the fulfilment of objectives set out in their specific business plans.
This model will provide clarity of leadership, sector focus and cost efficiency. The operating costs of both BIDs being reduced by adopting a single management structure and general overhead.