ESBD_386483_1734545293953_06. Appendix B - Early Payment Program.pdf

This file 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 expedited payments in exchange for early payment discounts. 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 typical payment processing within 10 business days.

The form includes specific pricing terms where vendors can specify their discount percentage for 10-day/Net 30 payment terms, as required by Texas Government Code, Chapter 2155.382. The program provides monthly remittance statements for reconciliation and live supplier support specialists to assist vendors throughout the invoicing and payment process. The form requires detailed company information including tax ID/EIN, contact details, and billing information. Direct deposits post 1-3 business days after the payment date, while paper checks may take up to 5 business days to receive. TxDOT reserves the right to approve or reject any proposed rates.