City Plans $15M Milestone Campus Funding Deal
City of OrilliaCity · Orillia, ON- Disclosed value
- Up to $15 million over ten years
- From agendapacket
- Document date
- Aug 5, 2026
- Term
- Ten years
The 30-second brief
The City of Orillia is proposing a campus partnership with Lakehead University to provide up to $15 million over ten years for a new Orillia academic building, with payments tied to defined milestones. In return, Lakehead would commit to retain and develop its remaining campus lands exclusively for university use.
Lakehead University holds this financial services contract with City of Orillia. Its other public contracts on record include work for County of Simcoe.
Term as filed: Ten years.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $15 million over ten years
- Document date
- August 5, 2026
- Term
- Ten years
- Vendor
- Lakehead University
- Agency
- City of Orillia
- Source document
- City of Orillia AgendaPacket Special Meeting of Council re Lakehead University Expansion and Orillia Soldiers' Memorial Hospital's Redevelopment Planning Efforts 2026-08-05 (AgendaPacket)
Lakehead University's other public contracts
More City of Orillia contracts
Questions about this contract
Who was awarded the financial services contract by City of Orillia?
Lakehead University was awarded this financial services contract by City of Orillia, as recorded on August 5, 2026. The contract value is Up to $15 million over ten years.
How much is the Lakehead University contract with City of Orillia worth?
The Lakehead University contract with City of Orillia is valued at Up to $15 million over ten years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Orillia AgendaPacket Special Meeting of Council re Lakehead University Expansion and Orillia Soldiers' Memorial Hospital's Redevelopment Planning Efforts 2026-08-05 (AgendaPacket), dated August 5, 2026 from City of Orillia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lakehead University hold?
Lakehead University may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Orillia currently buying?
Explore City of Orillia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.