APPROVE A LEASE WHEREBY THE CITY LEASES LAND FROM DÉVELOPPEMENT OLYMBEC INC. FOR A PERIOD OF 10 MONTHS, BETWEEN APRIL 1, 2022, AND APRIL 30, 2023, AND 2 RENEWAL PERIODS OF 6 MONTHS EACH, FOR ACCESS ROAD PURPOSES, IN THE SAINT-LAURENT BOROUGH, LOCATED NEAR BOULEVARD DÉCARIE AND COMPRISING PART OF LOTS 2,190,855 AND 2,190,859 OF THE QUEBEC CADASTRE, HAVING AN AREA OF 14,928.5 SQUARE FEET, FOR A TOTAL RENT OF $105,156.20 TAXES INCLUDED.

This item concerns the approval of a lease agreement between the City of Montreal and Développement Olymbec Inc. The City will lease a parcel of land located in the Saint-Laurent borough, near Boulevard Décarie. The land, identified as part of lots 2,190,855 and 2,190,859 of the Quebec Cadastre, has an area of 14,928.5 square feet. The initial lease term is 10 months, spanning from April 1, 2022, to April 30, 2023. The agreement also includes two renewal options, each for a period of six months. The primary purpose of this lease is for access road purposes. The total rent for the initial term, including taxes, is $105,156.20. The Service de la Gestion et de la Planification Immobilière is managing this transaction, with the Executive Committee's approval.

This is a services contract in the urban development and housing and construction and civil works sectors, with a focus on Real Estate, Cadastre and Roads. Located in Canada, North America, this opportunity is open to firms and consortiums, with an estimated budget of CAD 91,460.

Published through Montreal Contracts, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the urban development and housing sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.