ESBD_387852_1734974786078_05. 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 receipt confirmation, rejection notices within 1 business day, payments typically made within 10 business days, monthly remittance statements, and live supplier support specialists.

The payment terms offer vendors accelerated payment in exchange for a discount percentage that must be specified on the enrollment form (indicated as __% / 10 Days / Net 30). The program is authorized under Texas Government Code, Chapter 2155.382, which allows state agencies to make early payments to vendors in exchange for discounts. The form requires company information, tax ID, contact details, and billing information. Vendors can choose to enroll in the EPP, request more information from a support specialist, or decline participation. Direct deposits post 1-3 business days after payment, while paper checks may take up to 5 business days.