ESBD_413158_1745420948835_06. Appendix B - Early Payment Program.pdf

This document is an Appendix B Early Payment Program (EPP) form from the Texas Department of Transportation (TxDOT), which has partnered with Oxygen Finance Americas, Inc. to offer vendors more flexible financial options. The EPP provides vendors with several benefits, including electronic invoice submissions, quick rejection notices within 1 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 opt into the Early Payment Program, which enables Texas State Agencies to make early payments to vendors with a potential discount. Vendors can indicate their interest by completing the form with company details, contact information, and selecting their preferred payment terms. TxDOT notes that while early payments are possible, vendors are required to take a discount in return, as specified in the Texas Government Code, Chapter 2155.382. The document includes a link to additional program information and requires the completed form to be returned with the vendor's response, signature, and date.