The Land Transport Authority (LTA) received 2,556 bids at the end of the May first open bidding exercise for Certificates of Entitlement (COEs). Of these, 1,820 were successful. Detailed results of the tender are as follows:

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

The Prevailing Quota Premiums (PQP) for existing vehicles fall under Categories A to D will be available after the May second open bidding exercise.

Bidders can use the Temporary Certificates of Entitlement (TCOEs) obtained from this tender exercise upon receipt of the TCOE notification letters. The non-transferable TCOEs will be valid till 14 November 2012. The transferable TCOEs will be valid till 14 August 2012. 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 System (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, 11 May 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 tender exercise, whichever is lower.