ESBD_393998_1738793676527_07. Early Payment Program.pdf

This document is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), developed in partnership with Oxygen Finance Americas, Inc. The program offers TxDOT vendors and bidders the opportunity to receive accelerated payments through electronic invoice submissions. Key features include centralized email submission for all TxDOT divisions, time-stamped receipt confirmation, 1-day rejection notices with revision instructions, and typical payment processing within 10 business days.

The program's pricing structure requires vendors to accept a discount rate (percentage to be specified on the form) in exchange for expedited 10-day/Net 30 payment terms, as mandated by Texas Government Code, Chapter 2155.382. The form requires company information, tax ID, contact details, and billing information for enrollment. The document includes three enrollment options: full enrollment with a specified discount rate, requesting a support specialist callback, or indicating existing enrollment. The form was revised in October 2023 and must be submitted with completed bid responses.