Your Partner for Growth and Security

No. RICB/TH/GAD/RE-(05)/2020/3705                                                        17th of March 2020

                                        NOTICE INVITING OPEN TENDER

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

Sl.NoName of workContract categoryContract DurationBid securityLast date of submission
  1Construction of boundary wall, approach road at Salvage yard, Olakha and maintenance of parking at Corporate Office, RICB, Thimphu  Small   3 (Three)months  2% of quoted amount  8th of April 2020 before 12.30 PM

1. The interested Bhutanese bidders having valid CDB license may download the tender                    document from RICB website ( with effect from 19th of March 2020. The cost          for tender document fee of Nu. 1,000 (One thousand) only have to deposit to cash counter,        RICB.

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.


Click to download BOQ

Click to download DRAWING

Click to download TENDER DOCUMENT