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What is BIIBAS?
BII Benchmarking and Accreditation Services Ltd (BIIBAS) is a not-for-profit company and is a wholly-owned subsidiary of BII, the professional body for the licensed retail sector.
Many feel that the licensed retail industry would be better protected if both parties in lease and tenancy agreements were to have a better understanding of the business relationships involved. Misunderstandings, lack of precision and ambiguity have in the past given rise to antagonism between landlord and lessee/ tenant and very often this has surfaced in the political arena.
To improve this scenario, BII, the professional body for the licensed retail sector, with the help of lessees/tenants and major pub companies, has formed a new wholly owned company, to independently benchmark company Codes of Practice in terms of clarity against criteria it sets. It does this through its two independent committees, the Steering Committee (sets the criteria) and the Benchmarking Committee (judges a code against the criteria).
Codes of Practice are used by companies to tell potential and current lessees/tenants the terms of the business relationship on offer and how that relationship will be conducted.
The new Codes of Practice now being produced by many companies are emphasising transparency and integrity as essential ingredients of the business relationship with their lessees and tenants.
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