LTA rejects 553 bids for Certificates of Entitlement

Try again next time.

According to an LTA release, it has received 2,156 bids at the end of the November second open bidding exercise for Certificates of Entitlement (COEs). Of these, 1,603 were successful.

COE results for previous bidding exercises can be found on the “Facts and Figures” section of the One.Motoring website (https://glutenfreepleasure.com/__proxy_domain/www.onemotoring.com.sg).

Bidders can use the Temporary Certificates of Entitlement (TCOEs) obtained from this bidding exercise upon receipt of the TCOE notification letters. The non-transferable TCOEs will be valid till 31 May 2013. The transferable TCOEs will be valid till 28 February 2013. TCOEs issued to companies are not transferable.

Successful applicants will be notified within the week. The COE bid deposits of unsuccessful applicants will be credited into their bank accounts by their respective banks. Bidders can check the status of their bid applications through the following channels:

• LTA Open Bidding Phone System1 (Tel: 6362 1465)
• LTA Open Bidding website (https://ocoe.lta.gov.sg)
• Citibank Internet Banking (www.citibank.com.sg)
• OCBC Phone Banking (Tel: 1800- 363 3333)
• UOB Internet Banking (www.uobgroup.com)

Bidders can check the status of their bid applications via the LTA Open Bidding website and the LTA Open Bidding Phone System, which is available until 6.00 pm on Friday, 23 November 2012.

If a vehicle is de-registered before its COE expires, the vehicle’s registered owner may be granted a rebate on the Quota Premium (QP) paid, pro-rated to the number of months and days remaining on the vehicle’s COE. For vehicles registered using Category E (Open) COEs, the rebate will be based on the QP of Category E, or its corresponding category from the same bidding exercise, whichever is lower.

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