Notice Inviting Tender for Salvage Item

                                    

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	Vehicle No.	Model	Condition	Registration Certificate	Location
1	Scraps (Metals and rubber items)	Scraps comprising damaged stocker machine, damaged cabin, load body, other body components and mechanical parts (Approx. 2MT)			N/A	P/ling
2	Case 752 Vibratory Tandem Compactor	BP-1-A0303	2018	Accident	With R/C valid up to 11/04/2027	P/ling
3	MG i5 EV (Taxi)	BT-2-A2708	2023	Accident	With R/C valid up to 24/03/2027	P/ling
4	Ashok Leyland Bus	BP-2-A0063	2024	Scrap	Cancelled	P/ling

1. Cost of the Tender Document: Nu 300 (Three Hundred) only with 5% GST.
2. Earnest Money Deposit: Nu 20,000 (Twenty Thousand) only.
3. The successful bidder shall lift the item within 07 days from the date of opening the tender.
4. Last date of submission of the Tender Documents: 28^th Oct, 2026 up to 04:00 PM.
5. Date of opening of tender: 29^th Oct, 2026 at 10:00 AM in the RICB Conference Hall, Phuentsholing.
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 RICB cash counter, Main Branch, Phuentsholing, against the payment of Nu 300 (Three Hundred) only, which is non-refundable. The bidders are requested to inspect the items. It may be noted that any complaints after the auction shall not be entertained. The items can be inspected during office hours (09: 00 AM to 05:00 PM). Interested bidders are requested to contact Sangay Penjor @17639870 or Tribhuwan Pokwal @17999692 for further information.

Management