ESBD_394313_1738862528935_05. Appendix B-Early Payment Program.pdf

This document is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), partnered with Oxygen Finance Americas, Inc. The program offers TxDOT vendors and bidders the opportunity to receive expedited payments in exchange for a small discount. Key features include electronic invoice submissions to a single email address for all TxDOT divisions, time-stamped receipt confirmation, rejection notices within 1 business day with revision instructions, and payments typically made within 10 business days.

The program's financial terms include a vendor-selected discount rate in exchange for accelerated payments, with the exact percentage specified by the vendor on the enrollment form (indicated as __% / 10 Days / Net 30). Monthly remittance statements are provided for reconciliation purposes, and live supplier support specialists are available to assist vendors throughout the invoicing and payment processes. The program operates under Texas Government Code, Chapter 2155.382, which authorizes early payments to vendors in exchange for discounts. Direct deposits are processed 1-3 business days after the payment date, while paper checks may take up to 5 business days.