Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JANUARY 2,1996 PSA#1501

Interocean Ugland Management Corporation, as Ship Manager for U.S. DOT/MARAD, Echelon II Plaza, 221 Laurel Road, Suite 300, Voorhees, NJ 08043-2349

J -- S.S. EQUALITY STATE SHIP REPAIR SOL DTMA93-96-B-60001. Due 020596. Contact Point: Ms. Rita Maglio, Contracting Officer, Phone: (609) 770-5632, FAX: (609) 770-1635. S.S. EQUALITY STATE - Complete Topside Coating, Engine Room Coating, Sanitary/Potable Water Piping Changeout and Topside Repairs. Vessel must be towed from her present location at United Marine Pier 1, Texaco Island, Port Arthur, TX, to Contractor's facility where work shall be performed, and redelivered to original pick-up point. No telephone requests; only written or facsimile requests for IFB are acceptable. Any interested firm may request a copy of the solicitation for work on this vessel and all responsible offerors may submit bids which shall be considered by the agency. The Maritime Administration requires that to be eligible for award under this solicitation, offerors must: Be holders of the MARAD Master Lump Sum Repair Agreement (MLSRA) or shall apply for and agree to the terms and conditions of the MLSRA. Offerors may accept the MLSRA with their bid; non-holders shall provide all annual representations and certifications as required by the MLSRA. For minority, Women-Owned and Disadvantaged Business Enterprises: The Department of Transportation (DOT) Office of Small and Disadvantaged Business Utilization (OSDBU) has a program to assist minority, women-owned and disadvantaged business enterprises to acquire short-term working capital assistance for transportation-related contracts. Loans are available under the DOT Short Term Lending Program (STLP) at prime interest rates to provide accounts receivable financing. The maximum line of credit is $500,000.00. For further information and applicable forms concerning the STLP, please call the OSDBU at (800) 532-1169. (360)

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