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In this video, Scotty from Ogden Built discusses the fundamentals of construction contracts, emphasizing their necessity for contractors in the industry. He shares his experience of drafting contracts due to a builder's request for clarity on included items, aiming to prevent unexpected additional costs at project completion. Initially hesitant, Scotty details how creating a comprehensive agreement helped him outline every aspect of the job, ensuring that both he and the project owner were satisfied with the outcomes. This meticulous approach resulted in receiving fair compensation for his work while meeting the owner's expectations.
