ESBD_416285_1746540451591_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 form is designed to provide TxDOT vendors with more flexible financial options, offering enhanced control over their business and invoicing processes. Key benefits of the program include electronic invoice submissions sent to one email address, quick rejection notices within 1 business day, faster payments typically processed within 10 business days, monthly remittance statements for vendor reconciliation, and dedicated supplier support specialists to assist vendors throughout the invoicing and payment stages.

The program allows Texas State Agencies to make early payments to vendors, with the requirement that vendors provide a discount in return. The form requires vendors to complete their company details, contact information, and select their participation preferences. Vendors can choose to enroll for all future invoices and will need to agree to the Oxygen Network Supplier Terms of Use. The document provides additional resources for vendors, including a website link for more program information and contact details for further inquiries about the Early Payment Program.