ESBD_394310_1738859993759_06. 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 bidders and active TxDOT vendors expedited payment options. The program provides electronic invoice submission to a single email address for all TxDOT divisions, with time-stamped receipts upon submission. Rejection notices are sent within one business day with revision instructions, and payments are typically processed within 10 business days.

The EPP provides vendors with payment flexibility in exchange for an early payment discount, which is determined by TxDOT based on what best suits their business needs. The discount rate is calculated based on the number of days the payment is accelerated, applying only if payment is made before 30 days from invoice acceptance. The form requires vendors to provide company information, tax ID, contact details, and billing information, along with options to enroll in the program or request additional information. Monthly remittance statements are provided to EPP vendors for reconciliation, and live supplier support specialists are available to assist throughout the invoicing and payment process.