Please note that "tools" are also things like extension cords, wire caddys, work lights, ladders, fish tapes.drill bits, hole saws, and even boards you use for crawling in attics.

Some of these items are usually 'company provided.' Others are subject to a fair amount of wear, and even abuse.

You never buy a tool just once and are done ... if nothing else, there's always the NEXT tool to buy.

Since this is the 'business' forum, the cost of maintaining this stuff is part of your cost of doing business. That means the expense is either built into your rate - or comes out of your pocket.