ESBD_386483_1734545293953_06. 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 vendors an expedited payment option. The program provides vendors with electronic invoice submission capabilities to a single email address for all TxDOT divisions, with payments typically processed within 10 business days.

The program includes a vendor discount in exchange for early payment, as required by Texas Government Code Chapter 2155.382. The exact discount percentage is determined based on what best suits the vendor's business needs, with the early payment made within 10 days of invoice acceptance. Key features include time-stamped invoice receipts, rejection notices sent within 1 business day with revision instructions, monthly remittance statements for reconciliation, and live supplier support specialists to assist vendors through the invoicing and payment process. Direct deposits post 1-3 business days after payment, while paper checks may take up to 5 business days.