ESBD_384458_1733870146448_06. Appendix B-Early Payment Program.pdf

This is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), partnered with Oxygen Finance Americas, Inc. The program offers TxDOT vendors and bidders the opportunity to receive expedited payments in exchange for a small discount. Key features include electronic invoice submissions to a single email address for all TxDOT divisions, time-stamped receipts, rejection notices within 1 business day, payments typically made within 10 business days, monthly remittance statements, and live supplier support.

The program operates under Texas Government Code Chapter 2155.382, which allows state agencies to make early payments to vendors in exchange for a discount. Vendors can specify their preferred discount rate for 10-day/Net 30 terms. The form requires basic company information, tax ID, contact details, and billing information. Vendors must confirm their authorization and agree to the Oxygen Network Supplier Terms of Use. Direct deposits are processed 1-3 business days after payment date, while paper checks may take up to 5 business days.