The present work develops a systematic approach to construct some transformation formulas and identities for bilateral basic hypergeometric series. By employing the bilateral Bailey transformation given by Andrews and Warnaar [1] together with a collection of established summation formulae, we derive several identities of the type rΨr and examine particular limiting cases. The identities obtained here both subsume classical results in the theory of bilateral q-series and constitute a meaningful extension of the Bailey transform machinery to the bilateral setting.