That Council approve the award of the 40 Avenue Intersection Signalization – Contractor to Can-Traffic Services Ltd. in the amount of $776,795.00, excluding GST, to be allocated from the Capital Budget Project No. 2074008 and that the Mayor and City Clerk be authorized to sign and seal all necessary documents. In addition, that Council approve a contingency allowance of 15% in the amount of $116,519.25, excluding GST, to be allocated from the Capital Budget Project No. 2074008.