Supplier Updates

UPDATE PROCESS

Goods and services suppliers

UPDATE PROCESS

GENERAL UPDATE

All companies registered in SICEP must, each year and compulsorily make the updating process of financial, legal and curricular information. This process is extremely important, because it will allow maintaining your company status Updated in general status, in the system for potential customers looking for your services.

PRICES

PROCESS	PERIOD	PRICE
Regular update process	April 1st to July 31st	80 USD
Update after deadline	August 1st to March 31st	100 USD
Update of 2 years (Inactive companies)	April 1st to July 31st	160 USD

TERMS

• The SICEP update process begins on April 1st and ends on July 31st of each year (subject to changes).

• Those companies which do not perform their upgrade process by July 31st, change their status from Active to Inactive in General Status.

• Those companies which do not do their upgrade process for 2 years in a row are eliminated from the system (expired).

BASIC COMPETENCIES UPDATE

BASIC COMPETENCIES RE-EVALUATION

The Basic Competence Evaluation (only for companies in Chile), is an instrument built by mining companies together with SICEP, aiming to standardize minimum operation requirements in the mining industry. Thus an evaluation (in field) was created, so that each company can check the existence and implementation of minimum management standards that ensure a favorable performance in their business.

This process includes an evaluation in the company facilities by skilled professionals who apply the Basic Competencies Evaluation Survey, which allows verifying the level of implementation of standards in the areas of infrastructure, human resources, methods and processes, environment, risk prevention, connectivity and automation, and community.

The rating of companies is given by the level of compliance with the SICEP Evaluation and classifies the supplier according to the following table:

* Only Chilean Companies
RATING	% FROM	% TO
A	80%	>
B	60%	79%
C	40%	59%
D	20%	39%
E	0%	19%

The Basic Competencies Revaluation must be updated obligatory every 2 years at the most, that allows to maintain the basic skills current status of the company in the system before the potential clients that require to have their services

* Only Chilean Companies
PROCESS	PERIOD	TARIFA
Basic Skills Re-Evaluation	Every two years, since the first visit when registering in SICEP	6.0 UF + VAT (only chilean companies)

RE-EVALUATION FLOW

UPDATE PROCESS DOCUMENTS

Documentation

Update Flowchart