ESBD_415083_1746037507754_05. 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 form provides vendors an opportunity to enroll in a program designed to offer more financial flexibility through expedited invoice processing and payment. Key benefits include electronic invoice submissions, rapid rejection notices within one business day, payments typically made within 10 business days, monthly remittance statements for vendor reconciliation, and live supplier support throughout the invoicing and payment process.

The program allows TxDOT and Texas State Agencies to make early payments to vendors, with the potential for vendors to receive a discount in return. Vendors can opt into the program by completing the form, which requires providing company details, contact information, and selecting participation preferences. The document includes a link to the Oxygen Network Supplier Terms of Use and notes that direct deposit payments may take up to 5 business days to process. The form is voluntary, with options for vendors to indicate their interest level in the Early Payment Program or request additional information from a supplier support specialist.