ESBD_419665_1747249619556_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), developed in partnership with Oxygen Finance Americas, Inc. The program offers TxDOT vendors an opportunity to enroll in an early payment initiative designed to provide more financial flexibility and control. The EPP provides several key benefits including electronic invoice submissions sent to one email address for all TxDOT divisions, timely invoice stamp-in receipts, rapid rejection notices within 1 business day, faster payments typically made within 10 business days, monthly remittance statements for vendor reconciliation, and live supplier support specialists to assist vendors through invoicing and payment processes.

The form allows vendors to opt into the Early Payment Program with specific payment terms, including the ability to receive early payments with a 10 days/Net 30 discount structure. TxDOT notes that Texas State Agencies are allowed to make early payments to vendors, but are required to take a discount in return. The document provides space for vendors to input company details, contact information, and indicates that vendors must confirm they are an authorized company representative and agree to the Oxygen Network Supplier Terms of Use. The form is designed to be completed and returned to TxDOT, with options for vendors to indicate their interest level in the program or request additional information from a supplier support specialist.