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In this video, Scotty from Ogden Built discusses the fundamentals of construction contracts essential for contractors in the industry. He emphasizes the necessity of having clear agreements to avoid misunderstandings, especially regarding additional costs at the end of a project. Scotty shares his initial hesitations about writing contracts, fearing they might limit profitability. However, through careful detailing of every aspect of the project in the agreements, he found that both he and the client were satisfied. The clear contracts ensured the owner was content with the results and that he received fair payment for his work.
