ESBD_393680_1738279543308_06. Early Payment Program.pdf

This document is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), created in partnership with Oxygen Finance Americas, Inc. The program offers TxDOT vendors and bidders the opportunity to receive expedited payments in exchange for a discount. Key features include electronic invoice submissions to a single email address for all TxDOT divisions, time-stamped invoice processing, rejection notices within 1 business day, payments typically processed within 10 business days, monthly remittance statements, and live supplier support.

The program's pricing structure requires vendors to specify a discount percentage for 10-day/Net 30 payment terms, as mandated by Texas Government Code, Chapter 2155.382. The form requires company information including tax ID/EIN, contact details, and billing information. Vendors can choose to enroll in the EPP, request a call from a supplier support specialist, or decline participation. The document includes a link to Oxygen Network Supplier Terms of Use and notes that direct deposits post 1-3 business days after payment, while paper checks may take up to 5 business days.