ESBD_392900_1738009922600_05. 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 rejection notices sent within 1 business day and payments typically made within 10 business days.

The program requires vendors to accept a discount in exchange for early payment, as mandated by Texas Government Code Chapter 2155.382. The form requires companies to specify their discount rate for 10 Days/Net 30 terms. The document includes fields for company information, tax ID, contact details, and billing information. Vendors must choose between enrolling in the EPP, requesting more information from a supplier support specialist, or declining participation. Direct deposits post 1-3 business days after payment, while paper checks may take up to 5 business days.