ESBD_382981_1731100496043_05. Appendix B-Early Payment Program.pdf

This document is an appendix titled "Early Payment Program" that appears to be part of a larger state or local government contract opportunity. The appendix outlines the terms and conditions for an early payment program that may be available to eligible contractors or vendors on this contract.

The early payment program provides an option for contractors or vendors to receive accelerated payment for goods or services provided under the contract, in exchange for accepting a small discount on the invoice amount. The discounts range from 0.5% to 1% depending on the number of days the payment is accelerated. The program is voluntary and contractors or vendors can choose whether to participate. Additional details are provided on the application process, eligibility requirements, and administrative procedures for the early payment program.