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Paramedic Services Committee Meeting Agenda November 2025

County advances 20-year garage lease with GrandBridge Solutions

Estimated annual lease cost $1,457,827 for Phase 2 garage facilities; total capital costs for garage $17,860,291 (amortized over 40 years)County of BrantGRANDBRIDGE SOLUTIONSNovember 19, 2025

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Description

The County of Brant is proceeding with a 20-year build-to-suit lease with GrandBridge Solutions for new garage and ambulance base facilities at 150 Savannah Oaks Drive, estimated at $1,457,827 annually based on actual capital and operating costs. The Phase 2 space will provide 28,524 square feet of garage capacity for up to 35 vehicles to support current and future paramedic service needs.

Contract Details

Contract Amount

Estimated annual lease cost $1,457,827 for Phase 2 garage facilities; total capital costs for garage $17,860,291 (amortized over 40 years)

Vendor

GRANDBRIDGE SOLUTIONS

Agency

County of Brant, Canada

Contract Type

FACILITIES

Document Date

November 19, 2025

Contract Term

20-year build-to-suit lease for Phase 2 garage facilities, with capital amortized over a 40-year period representing base and optional terms

Renewal Info

Capital costs amortized over 40 years covering base and optional lease terms; final lease amounts will be finalized 120 days after substantial completion and operating costs will be reconciled annually.

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