ESBD_384901_1734045102662_05. Appendix B - Early Payment Program.pdf

This document 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 offers bidders and active TxDOT vendors the opportunity to receive expedited payments in exchange for a discount. The program features electronic invoice submissions to a single email address, time-stamped receipt confirmation, rejection notices within 1 business day, and payments typically processed within 10 business days.

The financial terms specify that vendors enrolling in the EPP must agree to a percentage discount for all future invoices in exchange for accelerated payment processing. The exact discount percentage is negotiable and is calculated on a sliding 10-day scale from the date of invoice acceptance. The program includes support from live supplier specialists throughout the invoicing and payment process, monthly remittance statements for reconciliation, and requires vendors to complete a detailed enrollment form with company information, tax ID, contact details, and billing information. The form outlines three options for vendors: enrollment with terms, request for more information from a support specialist, or declining participation.