Notice Inviting Tender

Your Partner for Growth and Security

No. RICB/CO/GAD-EU/2025/5450

April 19th, 2025 

NOTICE INVITING FOR OPEN TENDER

The Royal Insurance Corporation of Bhutan Limited, hereby invites sealed bids from eligible Bhutanese contractors/bidders registered with CDB for execution of following works.

Sl. NoName of WorkCategoryConstruction PeriodBid Security (Nu)Last Date & time of submission
1Renovation & maintenance of branch office building, RICB, BumthangSmallFive Months25,000.00May 8th, 2025 before 12:30 PM
2Maintenance of RICB building at Babesa, ThimphuSmallFive Months48,000.00   May 8th, 2025 before 12:30 PM
  1. The interested Bhutanese bidders having the specified license (valid) may download the tender documents from our website www.ricb.bt.
  2. All bids shall be accompanied by a bid security of fixed amount as mentioned above and bid must be delivered to Engineering Unit, Corporate Office, Thimphu.
  3. The non-refundable tender document fee of Nu. 500/- (Ngultrum Five Hundred) must be deposited in Cash/Mbob along with the tender document.
  4. The tender document must be addressed as per the address mentioned in the TOR and submitted to the Engineering Unit, Corporate Office, Thimphu.
  5. Bid form must be dully filled and signed on all the pages with the bidder’s official seal.
  6. The interested bidders may contact 17356384/77838798 during the office hours for any clarification.

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