Notice Inviting Tender

Your Partner for Growth and Security

RICBL/TMB/GID/SALVAGE/2026/-9622

1st of July, 2026

NOTICE INVITING TENDER

The Royal Insurance Corporation of Bhutan Limited invites sealed bids from interested bidders for the sale of following particulars on “As is where is Basis”. 

Lot No.Vehicle Type / ScrapsVehicle No.ModelConditionRegistration CertificateLocation
Lot.01 (TH)Scrap (Metals & Rubber Items)N/AThimphu
Lot.02 (TH)Citroen EC3BT-1-A82982023ScrapCancelledThimphu
Lot.03 (TH)Kia Sonet HTKBP-1-F73132025AccidentRC valid until 10/06/2027Thimphu
Lot.04 (TH)Mahindra Bolero SC XLBP-1-F76862025AccidentRC valid until 14/07/2026Thimphu
Lot.05 (TH)Burnt CGI Sheets/SteelN/AThimphu
Lot.06 (TH)Mahindra Bolero CamperBP-1-E50042020AccidentRC valid until 08/09/2027Thimphu
Lot.07 (TH)Mahindra Bolero CamperBP-1-G12512026ScrapCancelledThimphu
Lot.08 (TH)Eicher/DCM TruckBP-2-A90552016ScrapCancelledThimphu
  1. Cost of Tender Document: Nu. 300.00/- (Ngultrum Three Hundred only).
  2. Earnest Money Deposit: Nu. 20,000.00/- (Ngultrum Twenty Thousand only).
  3. The successful bidder shall lift the item within 7 working days from the date of opening the tender.
  4. Last Date of submission of tender documents is on 22nd of July, 2026, before 5:00 PM.
  5. Opening date of tender begins from 10:30 AM on 23rd of July, 2026 in the RICBL Conference Hall, Thimphu.
  6. Non-Bhutanese intending to participate in the tender should arrange their entry permit on their own.

The bidding documents can be purchased from the RICBL cash counter, Main branch, Thimphu, against the payment of Nu. 300.00/- (Ngultrum Three Hundred only), which is non-refundable. The bidders are requested to inspect the items during office hours (09 AM to 05 PM). Any complaint after auction shall not be entertained. Interested bidders are requested to contact Kencho Dorji (TMB) @17975240 for further information. 

                                                                                                                                                                          Management