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RICBL/TMB/GID/SALVAGE/2023/17558                                14th November,2023 

The Royal Insurance Corporation of Bhutan Limited invites sealed bids from interested bidders for the sale of following particulars on “As is where is Basis”. 

LOT NO.Vehicle Type/ ScrapsVehicle NoModelConditionRegistrationLocation
  1. Cost of Tender Document: Nu. 300.00 (Nu. Three Hundred) only. 
  2. Earnest Money Deposit: Nu: 20,000.00 (Nu. Twenty Thousand) only. 
  3. The successful bidder shall lift the item within 07 days from the date of opening the tender. 
  4. Last date of submission of tender documents: On or before 4:30 pm on 20/11/2023
  5. Date of opening of tender 21/11/2023 at 10:30 am in the RICBL Conference Hall, Thimphu.  
  6. Non-Bhutanese intending to participate in the tender should arrange their entry permit on their own. 

The bidding documents can be purchased from the RICBL cash counter, Main branch, Thimphu, against the payment of Nu: 300.00 (Nu. Three Hundred) only, which is non-refundable. The bidders are requested to inspect the items. It may be noted that any complaint after auction shall not be entertained. The items can be inspected during office hours (9AM TO 4PM). Interested bidders are requested to contact Mr. Kencho Dorji at 17975240 or Mr. Karma Thinley at 17440881 for further information. 

Click to download Tender Documents