Vers.: Aug. 5, 2019
AMENDMENT NO. 3 TO CONTRACT NO. (STANFORD NO. 63080569)
BETWEEN THE CITY OF PALO ALTO AND
STANFORD UNIVERSITY FOR COST SHARING OF ON-DEMAND TRANSIT
This Amendment No. 3 (this “Amendment”) to Contract No. 63080569 (the “Contract” as defined below) is entered into as of June 15, 2026, by and between the CITY OF PALO ALTO, a California chartered municipal corporation (“CITY”), and THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, located at 3215 Porter Drive, Palo Alto, CA 94304 -1286 (“STANFORD”). CITY and STANFORD are referred to collectively as the “Parties” in this Amendment.
R E C I T A L S
A. The Contract (as defined below) was entered into by and between the Parties hereto for the provision of cost-sharing for the City’s on-demand transit services, as detailed therein.
B. The Parties now wish to amend the Contract in order to increase the total amount of contribution by STANFORD by $100,000; from $600,000 to $700,000 and extend the term through October 2026.
NOW, THEREFORE, in consideration of the covenants, terms, conditions, and provisions of this Amendment, the Parties agree:
SECTION 1. Definitions. The following definitions shall apply to this Amendment:
a. Contract. The term “Contract” shall mean Stanford Contract No. 63080569 between STANFORD and CITY, dated October 2025, as amended by:
Amendment No.1, dated October 7, 2024
Amendment No.2, dated September 1. 2025
b. Other Terms. Capitalized terms used and not defined in this Amendment shall have the meanings assigned to such terms in the Contract.
SECTION 2. Section “TERM” of the Contract is hereby amended to read as follows:
TERM THE SERVICES AND/OR MATERIALS FURNISHED UNDER THIS AGREEMENT SHALL COMMENCE ON SEPTEMBER 1, 2025 AND SHALL BE COMPLETED NO LATER THAN OCTOBER 31, 2026.
Vers.: Aug. 5, 2019
SECTION 3. Section “COMPENSTION” of the Contract is hereby amended to read as follows:
COMPENSATION FOR THE FULL PERFORMANCE OF THIS AGREEMENT: STANFORD SHALL PAY CITY AN AMOUNT NOT TO EXCEED $700,000 IN ACCORDANCE WITH EXHIBIT B.
SECTION 4. The following exhibit(s) to the Contract is/are hereby amended or added, as indicated below, to read as set forth in the attachment(s) to this Amendment, which is/are hereby incorporated in full into this Amendment and into the Contract by this reference:
Exhibit “B” entitled “PAYMENT PLAN”, AMENDED, REPLACES PREVIOUS.
Stanford shall pay City a pro-rata amount based upon the total monthly cost of the service and the percentage of trips to and from the Stanford Research Park (SRP), with a not-to-exceed amount of $700,000. For each month, the formula shall be the total monthly cost invoiced, multiplied by the total percentage of completed trips to and from the SRP with the trip data being provided by Nomad Transit LLC.
SECTION 5. Legal Effect. Except as modified by this Amendment, all other provisions of the Contract, including any exhibits thereto, shall remain in full force and effect.
SECTION 6 . Incorporation of Recitals . The recitals set forth above are terms of this Amendment and are fully incorporated herein by this reference.
(SIGNATURE BLOCK FOLLOWS ON THE NEXT PAGE.)
City of Palo Alto Contract No. XXXXXXXForm Vers.: Aug. 5, 2019Amendment No. XPage 2 of 2 SECTION 4. The first paragraph of “EXHIBIT B – PAYMENT PLAN” of the Contract is hereby amended to read as follows:Stanford shall pay City a pro-rata amount based upon the total monthly cost of the service and the percentage of trips to and from the Stanford Research Park (SRP), with a not-to-exceed amount of $700,000. For each month, the formula shall be the total monthly cost invoiced, multiplied by the total percentage of completed trips to and from the SRP with the trip data being provided by Nomad Transit LLC.SECTION 5. Legal Effect. Except as modified by this Amendment, all other provisions of the Contract, including any exhibits thereto, shall remain in full force and effect.SECTION 6. Incorporation of Recitals. The recitals set forth above are terms of this Amendment and are fully incorporated herein by this reference. SIGNATURES OF THE PARTIESIN WITNESS WHEREOF, the Parties have by their duly authorized representatives executed this Amendment effective as of the date first above written.CITY OF PALO ALTOCity Manager or designeeApproved as to form: City Attorney or designee Stanford Agreement #63080569