PERINI CORP
SC 13G/A, 1994-02-14
GENERAL BLDG CONTRACTORS - NONRESIDENTIAL BLDGS
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                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549


                                 SCHEDULE 13G


                  Under the Securities Exchange Act of 1934

                             (Amendment No. 11)*



                               (Name of Issuer)



                        (Title of Class of Securities)



                                (CUSIP Number)



Check the following box if a fee is being paid with this statement  (  ).  (A
fee is not required only if the filing person:  (1) has a  previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed  no amendment subsequent
thereto  reporting beneficial  ownership  of five  percent  or less  of  such
class.)  (See Rule 13d-7).

*The  remainder of  this  cover page  shall  be filled  out  for a  reporting
person's  initial filing on  this form with  respect to the  subject class of
securities,  and for  any subsequent  amendment containing  information which
would alter the disclosures provided in a prior cover page.

The information required  in the remainder  of this cover  page shall not  be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or  otherwise subject to the liabilities of  that section
of the Act but shall be subject to all other provisions of the  Act (however,
see the Notes).



                                     13G

CUSIP NO.  713-839108

1.   NAME OF REPORTING PERSON
     S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
          Perini Corporation Employee Stock Ownership Trust
          ###-##-####

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                       (a) [  ]
                                                       (b) [  ]
<PAGE>
3.   SEC USE ONLY

4.   CITIZENSHIP OR PLACE OF ORGANIZATION
          Massachusetts

               5.   SOLE VOTING POWER
                         241,973
 NUMBER OF

  SHARES
               6.   SHARED VOTING POWER
BENEFICIALLY             315,491
                                       
 OWNED BY

   EACH        7.   SOLD DISPOSITIVE POWER
                         557,464
 REPORTING

  PERSON
               8.   SHARED DISPOSITIVE POWER
   WITH                        0



9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          557,464



10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN    SHARES*

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9.
          12.87%

12.  TYPE OF REPORTING PERSON*
          Employee Benefit Plan


                               Amendment No. 11

                                      to

                                 Schedule 13G


     The  Schedule 13G, as heretofore  amended, is hereby  further amended as
December 31, 1993 as follows:

Item 4.   Ownership

          See  Boxes  5, 6,  7,  9 and  11  of  cover page  for  shares owned
          beneficially at December 31, 1993.

          Signature

          After  reasonable inquiry  and  to the  best  of my  knowledge  and
          belief,  I certify that the information set forth in this statement
          is true, complete and correct.


          February 11, 1994

          PERINI CORPORATION EMPLOYEE STOCK OWNERSHIP TRUST
<PAGE>
          By   /s/ Patricia A. Kelly
               ---------------------------------
               Signature



               Patricia A. Kelly, Authorized Representative
               --------------------------------------------
               Name/Title
<PAGE>


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