Your Partner for Growth and Security

No. RICB/CO/GAD/(09)/2023/11780 dated 7th August 2023

The Royal Insurance Corporation of Bhutan is pleased to invite sealed bids from eligible Bhutanese bidders to lease the land at the following location:

SL NODescriptionLicense TypeTenure termBid SecurityLast date
of bid submission
1Land at Olakha,
5 YearsNu.5,000/-August 16,2023
  1. The interested Bhutanese bidders having the specified license (valid) may download the tender documents from our website The non refundable tender document fee of Nu.500/- (Five Hundred) must be deposited in cash along with the tender document.
  2. The tender document must be addressed as per the address mentioned in the ToR and submitted to the Real Estate, Corporate Office, Thimphu.
  3. Bid form must be duly filled and signed on all the pages with the bidder’s official seal.
  4. The interested bidders may contact Mr. Tshering Wangdi at +97517933314 during office hours for any clarifications.

Click to download Terms of Reference

Click to download Plot Details at Olakha

Click to download Plot Details