NOTICE INVITING TENDER – Royal Insurance Corporation of Bhutan Limited

RICBL/PMB/GID/SALVAGE/2023/19194 13 December 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”.

SL No	Vehicle Type/ Scraps	Vehicle No	Model	Condition/ Description	Registration	Location
1	Scraps (metal & rubber items)	Scraps (Including 4 tipper cabins) 1.5 mts approx.			–	Phuentsholing
2	Tandem Roller(case)	BP-1-A0456	2020	Accidental(fire)	RC valid	Phuentsholing
3	Bolero Single Cab	BP-2-C3889	2023	Accident	RC valid	Phuentsholing
4	Bolero Camper (4WD)	BP-1-D5362	2017	Accident	RC valid	Phuentsholing

Cost of Tender Document: Nu 300.00 (Ngultrum Three Hundred) only.
Earnest Money Deposit: Nu 20,000.00 (Ngultrum Twenty Thousand) only.
The successful bidder shall lift the item within Seven (7) days from the date of opening of the tender.
Last Date of submission of tender documents: 18^th of December 2023 up to 3.30 p.m.
Date of opening of tender 19^th of December 2023 at 10:30 am in the Conference Hall, Phuentsholing Main Branch, RICB, Phuentsholing.
Non-Bhutanese intending to participate in the tender should arrange an entry permit on their own.

The bidding documents can be purchased from the RICB Cash Counter, Phuentsholing Main Branch, RICB, Phuentsholing, against the payment of Nu: 300.00 (Ngultrum Three Hundred) only, which is non-refundable. The bidders are requested to inspect the items beforehand. Please note that complaints after auction shall not be entertained. The items can be inspected during office hours (9am to 4 pm). Interested bidders are requested to contact Sangay Penjor at 17639870 or Prem Lal Dungyel at 17563059 for further information.

Management