We address the challenge of enabling bipedal robots to traverse rough terrain by developing probabilistically safe planning and control strategies that ensure dynamic feasibility and centroidal robustness under terrain uncertainty. Specifically, we propose a high-level Model Predictive Control (MPC) navigation framework for a bipedal robot with a specified confidence level of safety that (i) enables safe traversal toward a desired goal location across a terrain map with uncertain elevations, and (ii) formally incorporates uncertainty bounds into the centroidal dynamics of locomotion control. To model the rough terrain, we employ Gaussian Process (GP) regression to estimate elevation maps and leverage Conformal Prediction (CP) to construct calibrated confidence intervals that capture the true terrain elevation. Building on this, we formulate contraction-based reachable tubes that explicitly account for terrain uncertainty, ensuring state convergence and tube invariance. In addition, we introduce a contraction-based flywheel torque control law for the reduced-order Linear Inverted Pendulum Model (LIPM), which stabilizes the angular momentum about the center-of-mass (CoM). This formulation provides both probabilistic safety and goal reachability guarantees. For a given confidence level, we establish the forward invariance of the proposed torque control law by demonstrating exponential stabilization of the actual CoM phase-space trajectory and the desired trajectory prescribed by the high-level planner. Finally, we evaluate the effectiveness of our planning framework through physics-based simulations of the Digit bipedal robot in MuJoCo.