ESBD_440473_1753798999950_06. 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 EPP is designed to offer vendors more flexibility and control over their business and financial processes with TxDOT. The program provides several key benefits, including electronic invoice submissions, quick rejection notices, faster payments within 10 business days, monthly remittance statements, and live supplier support throughout the invoicing and payment stages.

The form allows vendors to opt into the Early Payment Program, which enables them to receive early payments with potential discounts. Texas State Agencies are permitted to make early payments to vendors, but are required to take a discount in return. The document includes a detailed enrollment form for vendors to provide company information, contact details, and indicate their interest in the program. Vendors can choose payment terms such as % / 10 Days / Net 30, and must agree to the Oxygen Network Supplier Terms of Use by signing the form and confirming their understanding of the program's terms and conditions.