ESBD_370300_1722524092370_06. Appendix B - Early Payment Program.pdf

This document is an appendix to a state and local contract opportunity for the Texas Department of Transportation (TxDOT) to procure one (1) universal testing machine (UTM) for the Materials and Tests Division in Austin, Texas. The contract opportunity is open to respondents, and all related information and changes will be posted on the procurement website. Responses must be submitted by the specified opening date and time.

The appendix outlines an Early Payment Program that provides accelerated payment terms for suppliers who meet certain criteria. The program offers reduced payment terms in exchange for a discount, which may provide financial benefits to both the state and local agencies as well as the successful vendor.