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Notice Inviting for Open Tender

Your Partner for Growth and Security

No.RICB/CO/GAD-RE/2023/13897 September 7th 2023

The Royal Insurance Corporation of Bhutan Limited is pleased to invite sealed bids from eligible Bhutanese bidders to rent the unit at Babesa, below IT Park

Sl.NoDescriptionLicense TypeBid securityLast date of bid submission
1Unit available for rent at
Babesa below IT Park.
(It can be used as a Salvage Yard/warehouse).
Business/Firm/CDBNu.5000/-September 22, 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. The 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 17933314 during office hours for any clarifications.

Click to download Terms and Condition

Click to download Tenancy Agreement