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No. RICB/CO/GAD/RE-(03)/2019/16037                                                 September 14, 2019

                                             NOTICE INVITING OPEN RE-TENDER

The Royal Insurance Corporation of Bhutan would like to invite sealed bids from interested national bidders as mentioned below:-

SI.NO Name of work CategoryEMD Amount (Nu)Date and time of submission and opening
 1Leasing of vacant land measuring 21,836 sq.ft on plot no. SM1-888, Thram no. 2959. At E4 zone, Simtokha above BPC sub-station. General 25,00001/10/2019  before 12.30 PM, Corporate Office, Thimphu and shall be open on same day at 2:30PM

1. The interested eligible bidder may download the tender documents from RICB website                 ( with effect from September 17, 2019.

2. The tender document should be submitted to the Real Estate, Corporate Office, Thimphu.

3. The bid must be addressed to the address mention in the TOR.

4. Bid form must be dully filled and signed.

5. The bidders may visit our Office for any clarification.


Click to download Agreement

Click to download TOR & BOQ