Fastener collar retainer

An apparatus for retaining a fastener, comprising:

• a base, comprising:
• a first aperture comprising a central axis;
• and
• a sidewall extending outward from the base and surrounding the central axis, wherein the sidewall is configured to hold on to a socket;
• a plurality of arms extending outward from the base, wherein each arm of the plurality of arms comprises:
• a biasing mechanism connecting a first end of each arm of the plurality of arms to the base, wherein the biasing mechanism is configured to relieve stress between the base and each arm of the plurality of arms when the arm is actuated;
• and
• a lip disposed at a second end of each arm of the plurality of arms, wherein the second end is at an opposite end of the arm than the first end, and wherein the lip is configured to retain the fastener or a wrenching element of the fastener;
• and
• a plurality of finger flanges, wherein each finger flange of the plurality of finger flanges is attached to each arm of the plurality of arms and configured to actuate each arm.

A method for retaining a fastener, comprising:

• attaching a fastener retainer tool to a socket, wherein:
• the fastener retainer tool comprises:
• a base, comprising:
• a first aperture comprising a central axis, and
• a sidewall extending outward from the base and surrounding the central axis, wherein the sidewall is configured to hold on to a socket,
• an arm extending outward from the base, comprising:
• a biasing mechanism connecting a first end of the arm to the base, wherein the biasing mechanism is configured to relieve stress between the base and the arm when the arm is actuated, and
• a lip disposed at a second end of the arm, wherein the second end is at an opposite end of the arm than the first end, and wherein the lip is configured to retain and the fastener or a wrenching element of the fastener, and
• a finger flange configured to actuate the arm, wherein the finger flange is attached to the arm;
• the socket comprises an opening configured to engage the fastener;
• and
• the socket is held between the base and the lip of the fastener retainer tool;
• attaching the socket and the fastener retainer tool to a ratchet via the first aperture of the base of the fastener retainer tool;
• pushing the lip of the fastener retainer tool over a wrenching element of the fastener and further pushing the wrenching element into the opening of the socket, wherein the wrenching element of the fastener is configured to break away from the fastener at a predetermined torque;
• applying the predetermined torque to the wrenching element of the fastener and breaking the wrenching element away from the fastener;
• retaining the wrenching element of the fastener inside the opening of the socket using the lip of the fastener retainer tool;
• and
• pulling on the finger flange to actuate the biasing mechanism, move the arm outward from the central axis, and release the wrenching element of the fastener.