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In this tutorial, Scotty from Ogden Built discusses the basics of construction contracts. He emphasizes the importance of having contracts and agreements in place for contractors in the construction industry. The motivation for writing contracts arose from a builder's request for clarity to avoid unexpected costs at the job's end. Although initially hesitant due to concerns about potential financial traps, Scotty found that by being thorough and detailed in drafting agreements, he could include every aspect of the project. This approach led to both the owner's satisfaction and appropriate compensation for his work. The tutorial outlines the key elements to consider when creating construction contracts.
