ESBD_440364_1753734241062_07. 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 EPP offers vendors more flexibility and control over their business and financial processes by providing enhanced invoicing and payment options. Key benefits include electronic invoice submissions sent to one email address for all TxDOT divisions, timely invoice stamped upon receipt, quick rejection notices within 1 business day, faster payments typically made within 10 business days, monthly remittance statements provided for EPP vendor reconciliation, and live supplier support specialists available to assist vendors through invoicing and payment stages.

The form allows vendors to enroll in the Early Payment Program, with options for early payment terms including potential discounts for prompt payment. TxDOT and Texas State Agencies are permitted to make early payments to vendors, contingent upon taking a discount in return. Vendors must complete the form with company details, contact information, and indicate their interest in the program. The document includes a link to the Oxygen Network Supplier Terms of Use and notes that direct deposits may take 1-3 business days after the payment date, with paper checks potentially taking up to 5 business days to receive.