ESBD_402381_1741890515031_09. Appendix B - 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 EPP is designed to provide vendors with more flexibility and control over their business and financial interactions with TxDOT, offering benefits such as electronic invoice submissions, quick rejection notices within one business day, faster payments typically within 10 business days, monthly remittance statements for vendor reconciliation, and live supplier support throughout the invoicing and payment process.

The form allows vendors to enroll in the program by providing company details, contact information, and selecting participation options. Vendors can choose to participate in early payment terms with a potential discount (specifically noting Texas Government Code, Chapter 2155.382), and must agree to the Oxygen Network Supplier Terms of Use. The document emphasizes that while early payments are available, TxDOT and Texas State Agencies are required to take a discount in return for expedited payment, with the specific financial terms to be dynamically calculated based on the invoice date and payment timing.