Administrator License

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AKELECT

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Has anyone or does anyone know what going rate is to rent out an electrical administrator license? I have an Unlimited Commercial Electrical Administrator license and I'm thinking about renting my license to a contractor that needs one. Any advise or input?
 
AKELECT said:
Has anyone or does anyone know what going rate is to rent out an electrical administrator license? I have an Unlimited Commercial Electrical Administrator license and I'm thinking about renting my license to a contractor that needs one. Any advise or input?

What is an Electrical Administrator and why does he/she need a license?
 
Administrator License

In Alaska you have to have an electrical administrator license to perform electrical work. Every company or contractor performing electrical work has to have an electrical administrator assigned to there company to over see and be responsible for all the work done by that company (usually the owner of the company). It's the next step after a Journeyman license.
 
AKELECT said:
Has anyone or does anyone know what going rate is to rent out an electrical administrator license? I have an Unlimited Commercial Electrical Administrator license and I'm thinking about renting my license to a contractor that needs one. Any advise or input?


to a contractor that needs one, it sounds like the contactor, does not have the knowladge to pass the test, then why would you want to risk your license on some that could get your license in trouble or taken away at least, should something happen on a job.

Would you get on a plane with your family, if you knew the pilot din't know how to fly or even read a flight map, but had a license, he was renting.

When the pilot kills all on board, the guy that rented the license will be sure to spend a good part of the prison time.

When a electrical job goes bad and kills an entire family, the licensed electrician that rented the license will most likely spend the prison time, that is that worth? any be the real?
 
AKELECT said:
Any advise or input?

I don't think there is a "going rate". Like Satcom said, there are pitfalls.

I would make sure it is crystal clear that you have control over the work and workers. Stay involved. Check the work.

I would as for a salary that I could live with (comfortably) plus save at least 15%. Then I would ask for a % of job profits (not counting overhead). Make sure the overhead stays out of the picture as far as your profit sharing goes. They (owners) can load up the overhead.
 
In Florida he is called a Qualifier. Anyone can own an electricial company. They must have at least one Qualifier. The business must be incorperated and the Q must hold at least 10% of the stock in the company and must be able to sign checks ,paybills and be in charge. He is also financially responsible. Many large companys have muiltiple Q's so business does not stop in case of injury or death.
 
I have heard of retired electricians doing this, BUT, IMO it still can be risky. I also know firms where an employee carries the license for the corporation.

BUT not really sure what it is worth, but I if I worked there I would want some control saying, and at least a years salary. Also USE A LAWYER (YOUR LAWYER) and the contractor covers this cost.
 
In Florida, you may qualify a company and then with board approval, appoint a financially responsible officer who the assumes the responsibility for all financial matters.
Chapter 489, Part 1, Florida Statues:
489.1195 (c)
"Where a business organization has a certified or registered financially responsible officer, the primary qualifying agent shall be responsible for all construction activities of the business organization, both in general and for each specific job."
That being said, if you work out a deal with your suitor, and are sure that you are protected, there isn't any reason not to go for it.
Here in Florida, there are quite a few people that qualify multiple companies.
You must appear before the board, explain why you are doing it , and how you are going to control multiple businesses.
I know of one well respected code instructor who qualifies multiple companies in the electrical trade as well as a general contractor, pool contractor, and shutter company. This is his job and he keeps track of all the companies on a day to day basis.
I did it several years ago in another state and it worked quite nicely for me.
A company that did specialized fire alarms in power plants came to town and needed a license for two jobs.
I became a non voting officer of their company and they paid me quite handsomely for my participation.
I had an office on the jobsite and was able to inspect the installations any time I cared to.
I was present at all inspections as well as during systems testing.
Just make sure that you have an attorney who is familiar with the business laws of your state who will write the agreement and you should be fine.
 
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AKELECT said:
Has anyone or does anyone know what going rate is to rent out an electrical administrator license? I have an Unlimited Commercial Electrical Administrator license and I'm thinking about renting my license to a contractor that needs one. Any advise or input?
I have an Electrical Administrator?s license in Washington State. I once received a call from a contracting company that had need of a person with that license. They must have gotten my name from the State web site. I was asked whether I would be willing to, essentially, ?rent? them the use of my license. They offered a monthly fee that I will not name here.

My reply was to gently ask whether that was, in fact, illegal? The person said, ?I suppose so.? That ended our conversation.

My advise is to do one of two things. One is to join that other company as a full-time employee, thereby giving up whatever other employment you now hold. That would make it legal, or at least it would in WA (I do not know Alaska law). The other is to forget about the whole affair, since it might prove to one day cost you your licenses, a fine, and perhaps even worse.
 
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