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), created in partnership with Oxygen Finance Americas, Inc. The form outlines a program that allows vendors to receive accelerated payments in exchange for 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 typical payment processing within 10 business days.

The form includes fields for company information, tax ID, contact details, and billing information. Vendors can opt into the EPP with terms allowing for a percentage discount in exchange for 10-day/Net 30 payment terms, as authorized under Texas Government Code Chapter 2155.382. The program provides monthly remittance statements and live supplier support specialists to assist vendors through all invoicing and payment stages. Direct deposits post 1-3 business days after payment, while paper checks may take up to 5 business days. TxDOT maintains the right to approve or reject proposed rates.