ESBD_406070_1744722760286_10. Early Payment Program Appendix B.pdf

This document is an Early Payment Program (EPP) Appendix B form from the Texas Department of Transportation (TxDOT), which has partnered with Oxygen Finance Americas, Inc. to offer an optional financial program for TxDOT vendors. The EPP provides vendors with enhanced financial flexibility, including electronic invoice submissions, rapid 10-business-day payment processing, monthly reconciliation statements, and live supplier support throughout the invoicing and payment stages. Vendors can opt into the program and receive early payment discounts, with Texas State Agencies allowed to make early payments to vendors in exchange for a negotiated discount.

The program allows vendors to voluntarily enroll by completing the form, which requires providing company details, contact information, and selecting participation preferences. TxDOT notes that while vendors can receive early payments, they are required to take a discount in return, as outlined in the Texas Government Code, Chapter 2155.382. The form includes options for percentage/day early payment discounts and requires vendors to confirm authorization and agreement to the Oxygen Network Supplier Terms of Use. Vendors can choose to fully enroll in the program for all future invoices or inquire further about supplier support, with the document providing additional program information via a web link for interested parties.