Due to a delayed payment cycle, the State of Illinois has created the Vendor Payment Program (VPP). It is a voluntary program designed to expedite the time frame of payments to State vendors and service providers. Participation is simple, secure, and vendors receive 100% value of their receivables free of cost.
Vendors must have a receivable that is:
- Eligible to accrue Prompt Payment Penalty interest under the State of Illinois' Prompt Payment Act
- At least 90 days past due
- Free of any liens or encumbrances
Please Note: Medical Assistance receivables are NOT eligible for the Vendor Payment Program.