ESBD_440259_1753728494023_07. Appendix B - Early Payment Program.pdf

This document is an Appendix B form for the Texas Department of Transportation's (TxDOT) Early Payment Program (EPP), developed in partnership with Oxygen Finance Americas, Inc. The program is designed to offer TxDOT vendors more flexibility and control over their business and financial operations by providing enhanced invoicing and payment options.

The Early Payment Program offers several key benefits, including electronic invoice submissions, rapid rejection notice turnaround (within 1 business day), faster payment processing (typically within 10 business days), monthly remittance statements, and live supplier support. The form allows vendors to opt into the program, with the option to receive early payment discounts. Vendors must complete the form with company details, contact information, and indicate their interest in participating in the program. TxDOT notes that while early payments are available, Texas State Agencies are required to take a discount in return, as outlined in the Texas Government Code, Chapter 2155.382.