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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 NoVehicle Type/ ScrapsVehicle NoModelCondition/ DescriptionRegistrationLocation
1Scraps (metal & rubber items)  Scraps (Including 4 tipper cabins) 1.5 mts approx.Phuentsholing
2Tandem Roller(case)BP-1-A04562020 Accidental(fire)RC validPhuentsholing
3Bolero Single Cab  BP-2-C38892023AccidentRC validPhuentsholing
4Bolero Camper (4WD)BP-1-D53622017AccidentRC validPhuentsholing
  1. Cost of Tender Document: Nu 300.00 (Ngultrum Three Hundred) only. 
  2. Earnest Money Deposit: Nu 20,000.00 (Ngultrum Twenty Thousand) only. 
  3. The successful bidder shall lift the item within Seven (7) days from the date of opening of the tender. 
  4. Last Date of submission of tender documents: 18th of December 2023 up to 3.30 p.m
  5. Date of opening of tender 19th of December 2023 at 10:30 am in the Conference Hall, Phuentsholing Main Branch, RICB, Phuentsholing.  
  6. 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.