TRX, a provider of travel technology and data services, has renewed its contract with the US General Services Administration for the third year of the five-year agreement.

The five-year agreement is renewed annually based on TRX’s previous year’s performance. The General Services Administration (GSA) is currently using the TRX tool to consolidate travel data from multiple travel agencies and is expected to include data from the E-Gov Travel Services, travel cards, and direct travel suppliers in the near future.

Through the GSA’s password protected web site, travel managers can access 14 standard reports and 16 custom reports to gain insight into policy compliance and cost savings opportunities. This business intelligence enables the US government to negotiate supplier contracts, improve the efficiency and effectiveness of travel policy and programs, and provide information to federal agencies and stakeholders.

Shane Hammond, president and CEO of TRX, said: We are excited to continue our relationship with the GSA to provide this government-wide tool that truly impacts the bottom line. This performance-based contract renewal validates our solid performance and demonstrates our continued commitment to provide superior travel data reporting technologies and services and or build a long-term partnership with the government.