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In this tutorial, Scotty from Ogden Built discusses the fundamentals of construction contracts, emphasizing their necessity for contractors in the construction industry. He shares his experience of creating detailed agreements to avoid unexpected costs and ensure clarity between parties. Initially hesitant about writing contracts due to fears of being underpaid, Scotty ultimately found that a thorough agreement addressing every detail led to satisfaction for both himself and the client. He highlights that clearly defined contracts not only protect the contractor but also ensure the client understands the project's scope, resulting in successful outcomes for both.
