The republic. [volume] (Washington [D.C.]) 1849-1853, 1852-10-23
PROPOSALS FOR ERECTING A MINT,
WITH THE NECESSARY MACHINERY,
AT SAN FRANCISCO, CALIFORNIA.
TREAsuRY DEPARTMENT,

TaEAsuRY DEPARTMENT, October =, 1852.
CEALED PROPOSALS will be received at thia
| ~ Department until the 9Th day of February
1852 for the construction of the Branch Mint at
San Francisco, California, according to the plans
and specifications which will be furnished on ap
LEGATION to the Department, to parties disposed to
! contract The said proposals to contain bids for
the entire work, and also separately for each dis
tinct branch Of work, the right being reserved to
the Department to contract either way, as may be
found the most advantageous and advisable: The
Department also the right Of declining to
make any contract if the building and machinery
cannot be finished and completed for the sum Of
three hundred thousand dollars, to which sum the
expenditure is expressly limited by the act of Con-
gress.
Payments will be made every sixty days on the
amount OF the work done and materials actually
used the building to be ascertained by the esti-
mates of the superintendent and architect thereof
reserving from each of such estimates and pay,
ments twenty per cent. on the first one hundred
thousand dollars, and ten per cent. on each subse-
qucnt estimate after the above sum, until the final
completion Of the building, and its approval and
acceptance by the Department.
Every proposal must be accompanied by writ
ten guarantee, signed by two responsible persons,
to the effect that they undertake that the party or
parties making it, if his or their bid be accepted,
shall and will enter into contract and bond, with
sufficient sureties to the satisfaction OF the Pres
dent Of the United States and the Secretary OF the
Treasury. in the sum of fifty thousand dollars, for
the faithful execution of the work; and no pro-
with such guarantee.
Proposals will also be received a. thu came time
and place for furnishing the needfIl machinery
for said Branch Mint according to the specifica-
tons, which will likewise be furnished by the De-
par tment, and upon the same terms and conditions
specified above in relation to the building, with
the exception of the amount Of the bond required
Tor the faithful execution OF the contract, which
will be in the of twenty thousand dollars.
Proposals will also be received at the same time
and place. agreeaby to the act of Congress- for the
sale, lease, or rent of any building and machinery
suitable for the purpose Of Branch Mint, and
upon the came terms and conditions as specified in
relation to the building. Such building and ma.
chnery to be equal in all respects to the plans and
ing, and to be capable of coming at least thirty
millions of gold annually in a fair proportion of
pieces of the different denominations, from one to
twenty dollars each, as now authorized by law.
II suitable building and machinery are bought
leased under the authority to that effect granted
by Congress, no contract will of course then be
made for the erection Of building and furnishing
the machinery
The bids will be opened and recorded in the pre-.
sence of such bidders as may think proper to at
tend; and should the bids which may be made
from itornia not be received at the Department
previous to the aforesaid sth day of February 1885,
it will reserve the right to delay opening the other
bids which may be presented.
decision will be made soon as practicable
after the Department has been officially advised
that law has been passed by the Legislature OF
the State of California exempting said Branch
Mint from taxation, &c, is required by the 9th
section OF the act of Congress Of the Sd July, 1852
to establish Branch Mint Of the United States in
California
Those persons in California who may be disposed
to make proposals for said building machinery |
will deliver the same to the Collector of Customs
at San Francisco previous to the expiration Of sixty
days after the first publication of the present ad
vertsement in two newspapers issued in San Fran
cisco, that period having been designated in the
act of Congress for the notice for proposals in
Fal, Tha all Ectn pf NnlS yvIl he
furniehed with copies of the plans and specifca
tons for the information Of those who may wish to
make bids there. THOS. CORWlN,
Secretary of the Treasury.