NOTICE INVITING FOR OPEN TENDER

Your Partner for Growth and Security

No. RICB/CO/GAD-EU/2024/4102              25th of March 2024

The Royal Insurance Corporation of Bhutan Limited is pleased to invite sealed bids from eligible Bhutanese bidders to lease the land at the following location:

SlNoDescriptionLicense TypeTenure TermBid SecurityLast Date of Bid Submission
1Land, Olakha, ThimphuBusiness/Firm/CDB5 YearsNu 5,00010th of April 2024

Interested Bhutanese bidders having a valid license can download the tender documents from our website www.ricb.bt. Non-refundable tender document fee of Nu 500 (Five Hundred) must be deposited in cash along with the tender document. The tender document must be addressed as per the address mentioned in the ToR and submitted to the Engineering Unit, GA&HRD, Corporate Office, Thimphu. The bid form must be duly filled and signed on all the pages with the bidder’s official seal. Interested bidders may contact 17933314/77227920 during office hours for any clarification.

Management