ESBD_411569_1744895713279_09. Appendix B - Early Payment Program.pdf

This document is an Appendix B Early Payment Program (EPP) form from the Texas Department of Transportation (TxDOT), detailing an optional financial program for vendors doing business with the agency. The EPP, developed in partnership with Oxygen Finance Americas, Inc., offers vendors enhanced flexibility in invoice submission and payment processing, including electronic invoice submissions sent to one email address for all TxDOT divisions, typically stamped and logged within 1 business day, and payments made within 10 business days. The form allows vendors to enroll in the program by providing company details, contact information, and selecting participation options, with TxDOT allowing early payments to vendors who offer a discount in return.

The program provides several key benefits for vendors, including live supplier support specialists to assist throughout the invoicing and payment stages, monthly remittance statements for vendor reconciliation, and rapid processing of invoices with quick rejection notices and payment timelines. Vendors interested in the program can confirm their participation by completing the form, which requires details such as company name, tax ID, contact information, and a signature. The form also includes a link to the Oxygen Network Supplier Terms of Use and notes that direct deposits may take 1-3 business days after the payment date, with paper checks potentially taking up to 5 business days to receive.