Paramedic Garage Lease Awarded to GrandBridge Solutions
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Description
County of Brant awarded a 20-year build-to-suit lease to GrandBridge Solutions for new paramedic garage facilities at 150 Savannah Oaks Drive, with estimated annual lease of $1,457,827 and construction costs projected at $17,860,291. Lease commences August 1, 2026, after project completion.
Contract Details
Contract Amount
$1,457,827 annual (estimated); construction cost estimated at $17,860,291
Vendor
GRANDBRIDGE SOLUTIONS
Agency
County of Brant, Canada
Contract Type
FACILITIES
Document Date
March 15, 2026
Contract Term
20 years (Phase 2), starting August 1, 2026 (budgeted)
Renewal Date
2046-08-01
Renewal Info
Principal term is 20 years with optional extension for an additional 20 years; final costs and annual lease based on actual spend; amortization over 40 years.
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