The Certificate of Entitlement (COE) quota for the period February 2013 to July 2013 will be 19,263. Details of the quota for each vehicle category are in Annex A. Bidding under this quota will start with the February 2013 First Open Bidding Exercise.
The COE quota consists of the following components:
Provision for 0.5% vehicle growth based on the vehicle population as at 31 December 2012;
Replacement COEs for vehicles de-registered between July and December 2012;
Adjustments for change in taxi population and expired COEs
The next COE quota announcement for the COE bidding period from August 2013 to January 2014 will be made in July 2013.