Past performance

The term "past performance" is used more specifically in relation to government procurement, horse racing and mutual fund disclosure documents.

Crown Commercial Service's Procurement Policy Note 04/15, applicable to central government departments, executive agencies and non-departmental public bodies, sets out UK government policy effective from 1 April 2015 regarding use of suppliers' past performance information when awarding public contracts.

[1] Past performance is a central element of the process used by U.S. government agencies when they evaluate companies and proposals to determine which ones will be awarded contracts.

The S&P Persistence Scorecard is published twice a year to answer the question of whether past performance in investment funds matters.

The University of Chicago’s Center for Research in Security Prices (CRSP) Survivorship Bias Free Mutual Fund Database serves as the underlying data source for these reports.