FACILITIESONGOING

County of Brant Paramedic Services Committee Agenda May 2026

County Leases New Paramedic HQ Admin Space

$626,362 annually for 20 years (capital $492,149 + estimated operating $134,213); capital cost $6,446,670County of BrantGRANDBRIDGE ENERGYMay 20, 2026

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Description

The County of Brant has entered into a 20‑year build‑to‑suit lease with GrandBridge Energy for Phase 1 administrative space at the new Brant-Brantford Paramedic Services Headquarters at 150 Savannah Oaks Drive. The agreement covers 27,448 square feet of renovated space with a finalized capital cost of $6.45 million and annual lease payments of about $626,362 starting August 13, 2025. Costs are shared among the Province, City of Brantford, and County of Brant and are based on actual construction and operating expenses.

Contract Details

Contract Amount

$626,362 annually for 20 years (capital $492,149 + estimated operating $134,213); capital cost $6,446,670

Vendor

GRANDBRIDGE ENERGY

Agency

County of Brant, Canada

Contract Type

FACILITIES

Document Date

May 20, 2026

Contract Term

20-Year Build to Suit Lease for Phase 1 administrative space at 150 Savannah Oaks Drive, starting August 13, 2025

Renewal Date

2045-08-12

Renewal Info

Base 20‑year term under a build‑to‑suit structure, with capital costs amortized over 40 years representing the base term plus an optional second term. Final annual lease amounts are adjusted based on actual operating expenses and finalized construction costs.