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In this video, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their necessity for contractors in the construction industry. He shares his experience that prompted him to start writing contracts, specifically a request from a builder who wanted clarity to avoid unexpected costs at the project's end. Despite initial apprehension about being trapped in unfavorable terms, Scotty learned the importance of detailed agreements. By thoroughly outlining every aspect of the project in the contract, he ensured both the client’s satisfaction and his own financial security, ultimately achieving successful outcomes for both parties involved.
