ESBD_404026_1742592249732_06. 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 provides vendors with enhanced financial flexibility by offering expedited invoice processing, rapid payment timelines, and additional vendor support. Key benefits include electronic invoice submissions, quick rejection notices within one business day, payments typically made within 10 business days, monthly remittance statements, and live supplier support specialists to assist vendors throughout invoicing and payment processes.

The form allows vendors to opt into the EPP program, which enables faster payments and potential early payment discounts for vendors doing business with TxDOT and Texas State Agencies. Vendors can select payment terms such as % / 10 Days / Net 30, and must complete the form with company details, contact information, and agree to the Oxygen Network Supplier Terms of Use. The document indicates that direct deposits may take 1-3 business days to process, and paper checks could take up to 5 business days to receive after the payment date.