Past performances (PP) are part of the government’s evaluation in determining a contract award to your company.
Like the government this information should be stored in the company’s database. The awards are the company’s badges of honor for providing excellent services to the government.
PP information stored in government data bases are used to verify and validate a company’s claim to the contract. The goals are positive feedback demonstrating the company’s ability to meet government contract terms, conditions and performance.
These are deliverables and essential to receiving future government awards, and developing a long term business relationship. It’s known as customer satisfaction and well worth the value to a small businesses looking to achieve success in business with government.