ESBD_369553_1721767373547_04. Appendix B - Early Payment Program.pdf

This document is an appendix to a state and local contract opportunity issued by the Texas Department of Transportation (TxDOT) for the purchase of mixed flower seed for the Austin District (Highway District 14). The solicitation is a re-advertisement of a previous contract, and all information and changes will be posted on the website. The response due date is the opening date specified on the posting, and no late submittals will be accepted.

The appendix outlines an Early Payment Program that provides suppliers the option to receive early payment on approved invoices in exchange for a discount. The program is intended to improve cash flow and working capital for suppliers participating in TxDOT contracts. The discount rate and other terms of the Early Payment Program are detailed in the appendix.