Administrative Headquarters Lease Awarded to GrandBridge Energy
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Description
County of Brant entered a 20-year build-to-suit lease with GrandBridge Energy for paramedic administrative headquarters at 150 Savannah Oaks Drive. The annual lease amount is $626,362, with a finalized capital cost of $6,446,670. Lease started August 13, 2025.
Contract Details
Contract Amount
$626,362 annual (estimated), capital cost $6,446,670 (final)
Vendor
GRANDBRIDGE ENERGY
Agency
County of Brant, Canada
Contract Type
FACILITIES
Document Date
March 15, 2026
Contract Term
20 years (Phase 1), starting August 13, 2025
Renewal Date
2045-08-13
Renewal Info
Base term is 20 years with an optional second 20-year term; lease amounts based on actual costs, amortization period 40 years.
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