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17.2 If a margin of preference applies as specified in accordancewith ITB 33.1, domestic Bidders, individually or in jointventures, applying for eligibility for domestic preferenceshall supply all information required to satisfy the criteriafor eligibility specified in accordance withITB 33.1.17.3 Any change in the structure or formation of a Bidder afterbeing prequalified and invited to Bid (including, in the case ofa JV, any change in the structure or formation of any memberthereto) shall be subject to the written approval of theEmployer prior to the deadline for submission of Bids. Suchapproval shall be denied if (i) a Bidder proposes to associatewith a disqualified Bidder or in case of a disqualified jointventure, any of its members; (ii) as a consequence of thechange, the Bidder no longer substantially meets thequalification criteria set forth in Section III, QualificationCriteria and Requirements; or (iii) in the opinion of theEmployer, the change may result in a substantial reduction incompetition. Any such change should be submitted to theEmployer not later than fourteen (14) days after the date ofthe Invitation for Bids.18. Period of Validityof Bids18.1 Bids shall remain valid for the period specified in the BDSafter the bid submission deadline date prescribed by theEmployer in accordance with ITB 22.1. A bid valid for ashorter period shall be rejected by the Employer as nonresponsive.18.2 In exceptional circumstances, prior to the expiration of thebid validity period, the Employer may request Bidders toextend the period of validity of their bids. The request andthe responses shall be made in writingin a manner specifiedin the BDS. If a bid security is requested in accordance withITB 19, it shall also be extended for twenty-eight (28)daysbeyond the deadline of the extended validity period. ABidder may refuse the request without forfeiting its bidsecurity. A Bidder granting the request shall not be requiredor permitted to modify its bid, except as provided in ITB18.3.18.3 If the award is delayed by a period exceeding fifty-six (56)days beyond the expiry of the initial bid validity, theContract price shall be determined as follows:(a) In the case of fixed price contracts, the Contract priceshall be the bid price adjusted by thefactor specified intheBDS.15 Section I. Instructions to Bidders