Ito,
The village is the municipality in which the work will be performed. They require an electrical contractor to supply them (the village) with a surety bond in the amount of $10,000.00 which costs me $50.00. The bond is only good for work performed within that municipality. The village also requires a $150.00 registration fee from me in order to perform electrical work within the village. This registration typically lasts for one year although some municipalities expire all registrations on Dec.31 regardless of when it was purchased.
My electrical license and insurance are figured into my overhead. I see the bond and registration fees as a direct cost to the job, same as if I needed to rent a piece of equipment for the job.
