FINANCIAL_SERVICESAPPROVED

Town of Saugeen Shores Agenda 2026-05-25

Bruce Power Funds Saugeen Shores Bruce C Readiness Work

Up to $500,000 per year (total up to $2,000,000 over four years)Town of Saugeen ShoresBRUCE POWER LPMay 25, 2026

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Description

The Town of Saugeen Shores plans to enter a Capacity Funding Agreement with Bruce Power L.P. worth up to $2 million over four years to support regional infrastructure and community readiness assessments for the Bruce C Project. The agreement restricts funds to assessment-related work and allows unused annual funding to carry forward.

Contract Details

Contract Amount

Up to $500,000 per year (total up to $2,000,000 over four years)

Vendor

BRUCE POWER LP

Agency

Town of Saugeen Shores, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

May 25, 2026

Contract Term

Effective May 1, 2026, for a period of up to four (4) years

Renewal Date

2030-04-30

Renewal Info

Agreement allows up to four annual funding periods with carry-forward of unused annual allocations; no explicit auto-renewal beyond the four-year term is indicated.