ESBD_384901_1734045102662_05. Appendix B - Early Payment Program.pdf

This is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), created in partnership with Oxygen Finance Americas, Inc. The form outlines a program that allows TxDOT vendors and bidders to receive accelerated payments in exchange for providing a discount. The program features electronic invoice submissions to a single email address for all TxDOT divisions, time-stamped receipt confirmation, rejection notices within one business day, and payments typically processed within 10 business days.

The financial terms specify that participating vendors must agree to a percentage discount in exchange for early payment, as required by Texas Government Code Chapter 2155.382. The program provides monthly remittance statements for reconciliation and offers live supplier support specialists to assist vendors through all stages of invoicing and payments. Direct deposits post 1-3 business days after the payment date, while paper checks may take up to 5 business days. The form requires vendors to provide company information, tax ID, contact details, and select their preferred enrollment option, with TxDOT maintaining the right to approve or reject any proposed rates.