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Your Partner for Growth and Security

No. RICB/CO/GAD/RE-(05)/2020/8285                                                         06th of July 2020

                                              NOTICE INVITING OPEN RE-TENDER

The Royal Insurance Corporation of Bhutan invites sealed bids from eligible and qualified national bidders as per the information given below:-

SI.NOName of workContract categoryContract DurationBid securityLast date of submission
  1Construction of salvage yard at Branch Office, Gelephu Small 3 (Three) months2% of the quoted amount23rd of July 2020 before 12:30PM

1. The interested Bhutanese bidders having valid CDB license may download the tender                    document from RICB website ( with effect from 08th of July 2020. The cost              for tender document fee of Nu. 1,000 (One thousand) only have to deposit to cash                    counter, RICB which is non-refundable.

2. The tender document should be submitted to Real Estate Division, 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.       



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