September 15, 1982

*Copyright c 1982 Munchkin Music Okay, fine Fer sure, fer sure She's a Valley Girl In a clothing store. Okay, fine Fer sure, fer sure She's a Valley Girl And there is no cure.* By RON ALEXANDER LIKE, ohmigod, the only way you might not have noticed the phenomenon that is the Valley Girls (which would be, you know, a really beige thing to admit) is: 1. If you're like a space cadet or an airhead; 2. If you haven't been hanging out at shopping centers; 3. If you have been paying more attention to the price of miniskirts and ruffled blouses than to who's wiggling into them for nonstop tryons at tubular, awesome places like Bloomingdale's or Fiorucci's; 4. If you've been into your Sony Walkman so totally to the max that you haven't even like heard a syllable of Val-Speak; 5. If you've been out of the country all summer to some grody place like the moon.

Corruption in New York City's construction industry ''costs millions and millions of dollars'' each year and is ''eventually passed along to the public in higher rents for apartments and office space,'' an aide to Mayor Koch told the State Commission of Investigation yesterday. The aide, James F. McNamara, who is director of the Mayor's Office of Construction Industry Relations, said graft and other abuses had become ''widespread and pervasive,'' partly because of a policy by building contractors and developers to agree to payoffs in return for labor peace and to avoid violence. ''It seems to be an unfortunate tradition in the industry that it is better to cut a deal rather than face a disruption in work,'' Mr. McNamara asserted.

A South African Anglican Bishop told New York church leaders yesterday he was uneasy about a governmental commission now investigating the South African Council of Churches because ''the track record of judicial commissions in South Africa is not something that makes you sleep more comfortably.'' The Bishop, Desmond Tutu, the general secretary of the South African Council of Churches, said that the ecumenical organization was being investigated because of ''our longstanding opposition to apartheid.'' On his visit here, Bishop Tutu, who has become a major spokesman for the church's struggle against apartheid, has met with African delegations to the United Nations and with Dr. Claire Randall, general secretary of the National Council of Churches. His 19-day visit to the United States ends tomorrow.

I.B.M. has dismissed three executives and sued them on charges of stealing trade secrets, the company reported. It said the three had formed a company and tried to sell designs related to still-secret I.B.M. products in the personal computer field. One of the accused disputed some of the charges. The suit was filed after an undercover inquiry by I.B.M., its second in recent months. (Page A1.) Bendix and Martin Marietta won antitrust clearance for their competing takeover bids for each other. But the Government is still reviewing United Technologies' bid for Bendix. United and Marietta have agreed to split up Bendix if either's bid succeeds. (D5.)

An article Sunday about the primary for Manhattan surrogate incorrectly reported county Democratic screening committee ratings of the Democratic candidates. Renee R. Roth and Judge Edward H. Lehner are both rated ''highly qualified.''