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In this video, Matthew guides viewers on how to create a plumbing contract using legaltemplates.net. He instructs users to click the provided link to access the site, then navigate to the "Business Forms" section. By using the search function, users can find the "Plumbing Contract" and "Plumbing Invoice." After selecting the contract, users need to specify that the transaction is a service, entering their name and information as the service provider, followed by the customer's details. Participants are advised to describe the service provided and include the project price, ensuring to write the exact amounts for potentially multiple projects.