Install util.lib to the dist directory in the libs phase rather than the install phase.

modules/libutil/src/makefile.win

@@ -27,5 +27,5 @@ C_OBJS=.\$(OBJDIR)\obs.obj
 
 !include $(DEPTH)\config\rules.mak
 
-install::  $(LIBRARY)
+libs::  $(LIBRARY)
 	$(MAKE_INSTALL) $(LIBRARY) $(DIST)\lib\