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SCHAL BOVIS SEEKS TO BECOME FIRST AMERICAN LEAD GENERAL CONTRACTOR ON JAPANESE PUBLIC WORKS CONSTRUCTION PROJECT

 CHICAGO, Nov. 16 /PRNewswire/ -- Amid continuing dialogue between the U.S. and Japanese government concerning opening of the Japanese construction market -- as well as renewed Japanese pledges to do so -- Schal Bovis, a leading national construction services firm based in Chicago, this week became the first American company to seek to become a lead general contractor on a Japanese public works construction project.
 Schal Bovis submitted qualifications to become the lead contractor on one of three equal phases for the Yokohama International Distribution Center, a $750 million, 3.4-million-square-foot project on Daikoku Pier in Yokohama. The submittal came as Japanese and U.S. Commerce Department officials continue discussions regarding the Japanese construction market.
 A decision concerning construction companies and their potential role in the Daikoku Pier project is expected later this week in Japan. Schal Bovis was the first American company to win a public works contract in Japan five years ago under trade agreements and has participated in 10 construction projects in the country. To date, American companies have only bid and served as minority partners in Japanese projects.
 "We believe that the Japanese are continuing the process of opening their construction market. As a company with extensive experience in Japan as well as with the type of project being built, we believe we are uniquely qualified to lead the project," said Richard C. Halpern, chairman and chief executive officer of Schal Bovis.
 The precast concrete pier work is very similar to work Schal Bovis is doing as the construction manager of Navy Pier in Chicago, which is being converted into a major cultural, arts and entertainment complex on the city's lakefront.
 "The parallels of the projects are striking," Halpern said.
 The Yokohama project is being bid in three roughly equivalent phases. The first phase is valued at $250 million. The pier project is what is known as a third sector project, or quasi-governmental in nature.
 The project commission awarding the contract is certifying participating contractors in three categories: lead, foreign and local.
 A final decision on the construction team will be made Jan. 26.
 "Schal Bovis is actually all three, but feel we have the experience and qualifications to lead the project," Halpern said.
 The distribution center, when completed, will be six stories high and almost 2,000 feet long.
 Schal Bovis, Inc., founded in 1976, is a world leader in construction services and currently is Chicago's largest construction services company. It is a subsidiary of New York-based Bovis, Inc.
 Other Bovis, Inc. subsidiaries include Lehrer McGovern Bovis and McDevitt Street Bovis. Together they form one of the United States' leading and largest international construction services companies.
 -0- 11/16/93
 /CONTACT: Jonathan Dedmon of The Dilenschneider Group, 312-553-0700; or Jeffrey Riemer of Schal Bovis, 312-245-1512/ CO: Schal Bovis ST: Illinois IN: CST SU:


MP -- NY075 -- 4200 11/16/93 14:14 EST
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Publication:PR Newswire
Date:Nov 16, 1993
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