Notice Inviting Tender

NOTICE INVITING TENDER

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”. 

SI. NO.	Vehicle Type/ Scraps	Vehicle No	Model	Condition/ Description	Registration	Location
1	Scraps (metal & rubber items) 1.5 mts (approx.)	–			–	Phuentsholing
2	Eicher Pro 2815	BP-2-A8240	2015	Accident	RC valid till 14/11/2024	Phuentsholing
3	Toyota Fortruner	BG-1-A1931	2010	Accident	RC valid till 15/12/2024	Phuentsholing

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: 26/09/2024 up to 4 p.m. 
5. Date of opening of tender 27/09/2024 at 10:30 am in the RICBL Conference Hall, Phuentsholing.  
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, Phuentsholing, 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 5 PM). Interested bidders are requested to contact Mr. Sangay Penjor at 17639870 or Mr. Pokwal Tribuwan at 17999692 for further information. 

                                                                                                                                 Management