FACILITIESONGOING

County of Brant Paramedic Services Committee Agenda January 21 2026

Garage Lease With GrandBridge Solutions Advances

Estimated annual lease cost $1,457,827 for Phase 2 garage facilities; Phase 2 capital cost estimate $17,860,291; total annual leases for both phases estimated at $2,084,129County of BrantGRANDBRIDGE SOLUTIONSJanuary 21, 2026

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Description

The County of Brant is proceeding under a 20-year build-to-suit lease with GrandBridge Solutions for new garage and ambulance base facilities at 150 Savannah Oaks Drive, estimated to cost $17.86 million in capital with annual lease payments of about $1.46 million. Phase 2 construction is underway with contingencies and allowances actively managed as part of the project budget.

Contract Details

Contract Amount

Estimated annual lease cost $1,457,827 for Phase 2 garage facilities; Phase 2 capital cost estimate $17,860,291; total annual leases for both phases estimated at $2,084,129

Vendor

GRANDBRIDGE SOLUTIONS

Agency

County of Brant, Canada

Contract Type

FACILITIES

Document Date

January 21, 2026

Contract Term

20-year build-to-suit lease for garage facilities at 150 Savannah Oaks Drive, with 40-year amortization indicating an optional second term

Renewal Info

Lease provides a 20-year base term for the garage with capital amortized over 40 years, representing both the base and an optional second term; renewal options will be considered closer to end of base term.