ESBD_421992_1747772200912_05. Appendix B - Early Payment Program.pdf

This document is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), created in partnership with Oxygen Finance Americas, Inc. The form allows TxDOT vendors to enroll in a program designed to provide more financial flexibility for businesses doing work with the department. The EPP offers several key benefits, including electronic invoice submissions, rapid rejection notice turnaround (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 enrollment form enables vendors to opt into early payment terms, with the option to receive payments at 0/10 Days or Net 30, subject to potential discounts for early payment. TxDOT allows Texas State Agencies to make early payments to vendors, with the requirement that vendors take a discount in return. The form requires vendors to provide company details, contact information, and authorize TxDOT to process early payments under the terms of the Oxygen Network Supplier Terms of Use. Vendors can choose to fully enroll in the program, express interest with support from a specialist, or decline participation at this time.