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In this video tutorial, Scotty from Ogden Built discusses the fundamentals of construction contracts for contractors in the industry. He emphasizes the necessity of having agreements in place to avoid misunderstandings, particularly concerning additional costs at the job's completion. Scotty shares his experience of initially hesitating to draft a contract due to concerns about being trapped into unfavorable terms. However, he ultimately created a detailed agreement that included all aspects of the project. This thorough approach allowed him to meet the owner's expectations while ensuring he was compensated fairly for his work.
