ESBD_440364_1753734241062_07. Appendix B - Early Payment Program.pdf

This document is an Appendix B Early Payment Program (EPP) form from the Texas Department of Transportation (TxDOT), detailing an optional financial program for vendors doing business with the agency. The EPP, developed in partnership with Oxygen Finance Americas, Inc., offers vendors enhanced invoice and payment flexibility, including electronic invoice submissions, rapid rejection notice processing (within 1 business day), faster payments (typically within 10 business days), monthly remittance statements, and dedicated supplier support specialists. The form allows vendors to enroll in the program by providing company contact information, tax details, and indicating their interest level.

The program provides additional financial benefits for vendors, specifically allowing Texas State Agencies to make early payments to vendors with a potential discount structure. Vendors who participate must agree to the Oxygen Network Supplier Terms of Use and can opt for different payment terms (such as % / 10 Days / Net 30). The document includes a comprehensive enrollment form requiring details like company name, contact information, billing contacts, and provides checkboxes for program participation preferences. TxDOT notes that direct deposits may take 1-3 business days after the payment date, and paper checks could take up to 5 business days to receive.