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Your Partner for Growth and Security

No. RICB/TH/GAD/RE-(05)/2019/10241                                                            June 12, 2019

                                            NOTICE INVITING OPEN TENDER

The Royal Insurance Corporation of Bhutan would like to re-tender sealed bids from interested national bidders as per the IFB as given below:-

DescriptionSecurity deposit (Nu)Date and time of submission and opening
Leasing of basement floor located at Norzin Lam (Rear side of Bhutan Post) that can be function as Office accommodation only. 50,000.0027/06/2019 before 12.30 PM, Corporate Office, Thimphu and shall be open on same day at 2:30PM

1. The interested bidders may download the tender document from RICB website                           ( with effect from June 12, 2019.

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. The bidders may visit Corporate Office, Thimphu for any clarification.


Click to download Agreement

Click to download Terms of reference