ESBD_383227_1732308082205_05. Appendix B - Early Payment Program.pdf

This is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), which has partnered with Oxygen Finance Americas, Inc. to offer bidders and active TxDOT vendors expedited payment processing. The program provides electronic invoice submission to a single email address for all TxDOT divisions, with rejection notices sent within one business day and typical payments made within 10 business days.

The EPP offers vendors more flexibility and control of their business finances in exchange for an early payment discount. According to Texas Government Code Chapter 2155.382, TxDOT allows EPP vendors to determine their invoice discount rate based on what best suits their business needs. The program includes features such as time-stamped invoice receipts, monthly remittance statements for reconciliation, and live supplier support specialists. The form requires vendors to provide company information, tax ID, contact details, and select their participation preference, including options to enroll, request more information, or decline participation.