ESBD_368513_1721253429448_05. Appendix B - Early Payment Program.pdf

This document is Appendix B, titled "Early Payment Program," related to the Purchase of Traffic Paint for the Texas Department of Transportation (TxDOT) Johnson City Maintenance (Highway District 14) solicitation. The solicitation is to establish a contract for Type II, Yellow & White, Traffic Paint. The response due date is specified on the posting, and all information or changes related to the solicitation will be posted on the website. Respondents should monitor the website for any addendums, additional documents, questions and answers, or changes.

The document outlines the Early Payment Program, which provides eligible suppliers with the option to receive early payment for invoices. The program allows for the payment of invoices within 10 business days of receipt, in exchange for a discount. The discount rate is negotiated between the supplier and TxDOT. This program is intended to provide suppliers with improved cash flow and reduce the financial burden associated with government contracts.