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INSTRUCTIONS TO PROPONENTS INTERNATIONAL PUBLIC BIDDING FOR THE AWARD OF THE CONSTRUCTION AND EXECUTION FOR EXPANSION WORKS FIXED BY EXEMPT DECREE N 293 OF 2018 FROM MINISTRY OF ENERGYMARCH 2019 SANTIAGO
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Identify the gaps in your current governance standards by conducting a thorough review of your organization's policies, procedures, and practices.
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Communicate the new standards to all relevant stakeholders and provide training on how to comply with them.
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Regularly monitor and evaluate the effectiveness of the new governance standards and make any necessary adjustments to ensure compliance.

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Gaps refer to areas of improvement or discrepancies that need to be addressed, while governance standards are rules and guidelines for how an organization should be managed.
Organizations, businesses, and institutions are typically required to file gaps and governance standards.
Gaps and governance standards are usually filled out through a structured reporting format provided by regulatory bodies or governing authorities.
The purpose of gaps and governance standards is to ensure transparency, compliance, and effectiveness in how organizations are managed and operated.
Information such as financial data, organizational structure, risk management policies, and compliance procedures are typically reported on gaps and governance standards.
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