FACILITIESONGOING

County of Brant Paramedic Services Committee Agenda January 21 2026

Paramedic HQ Lease With GrandBridge Energy Ongoing

Phase 1: estimated annual lease cost $626,362; capital costs $6,446,670 (final) with $6,440,323 used for lease allocation; total annual leases for both phases estimated at $2,084,129County of BrantGRANDBRIDGE ENERGYJanuary 21, 2026

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Description

The County of Brant continues a 20-year build-to-suit lease with GrandBridge Energy for administrative space at 150 Savannah Oaks Drive to house the Brant-Brantford Paramedic Services headquarters. Phase 1 capital costs were finalized at approximately $6.45 million with annual lease payments estimated at $626,362, cost-shared among the Province, City of Brantford, and County of Brant.

Contract Details

Contract Amount

Phase 1: estimated annual lease cost $626,362; capital costs $6,446,670 (final) with $6,440,323 used for lease allocation; total annual leases for both phases estimated at $2,084,129

Vendor

GRANDBRIDGE ENERGY

Agency

County of Brant, Canada

Contract Type

FACILITIES

Document Date

January 21, 2026

Contract Term

20-year build-to-suit lease for administrative space at 150 Savannah Oaks Drive, with a second optional term referenced in a 40-year amortization period

Renewal Info

Lease is structured as a 20-year build-to-suit term with capital costs amortized over 40 years, representing the base term plus a second optional term; no immediate renewal decision is required.