The Cosmic Origins Spectrograph (COS) was installed in the Hubble Space Telescope in May, 2009 as part of Servicing Mission 4 to provide high sensitivity, medium and low resolution spectroscopy at farand near-ultraviolet wavelengths (FUV, NUV). COS is the most sensitive FUV/NUV spectrograph flown to date, spanning the wavelength range from 900Å to 3200Å with peak effective area approaching 3000 cm 2 . This paper describes instrument design, the results of the Servicing Mission Orbital Verification (SMOV), and the ongoing performance monitoring program.