oOh!media (ASX:OML) said Auckland Transport decided to extend its out-of-home media services procurement process, according to a Tuesday filing with the Australian bourse.
Auckland Transport will now re-issue the request for proposal with modified evaluation criteria and bid structure, the filing said.
In August, oOh!media had finalized its submission in relation to the Auckland Transport tender and was awaiting the outcome.
The contract, set to expire in December, represents 4% of the company's expected revenue for the year.
oOh!media's shares rose past 2% in recent Tuesday trade.
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