NIT RICBL-Owned Asset Valuation

Your Partner for Growth and Security

No. RICB/CO/GA&HRD-EU (01)/2026/ 

September 09, 2026 

Notice Inviting Tender for valuation of RICB owned asset                         

The Royal Insurance Corporation of Bhutan Limited hereby invites sealed bids (Limited Tender) from eligible Bhutanese bidders registered with relevant agencies for execution of following works.

SNName of the WorkProject DurationLast Date and Time of Submission
1Valuation of RICB owned Assets45 daysSeptember 16, 2026, before 12:00pm.
  1. The interested Bhutanese bidders having the specified license (valid) may download the tender documents from our website www.ricb.bt.
  2. The bid must be delivered to Engineering Unit, Corporate Office, Thimphu.
  3. The non-refundable tender document fee of Nu. 500/- (Ngultrum Five Hundred) must be deposited along with the tender document.
  4. The tender document must be addressed as per the address mentioned in the TOR and submitted to the Engineering Unit, Corporate Office, Thimphu.
  5. Bid form must be dully filled and signed on all the pages with the bidder’s official seal.
  6. The interested bidders may contact 17361938 during the office hours for any clarification.

Management