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In this video, Scotty from Ogden Built discusses the basics of construction contracts essential for contractors in the industry. He emphasizes the necessity of having agreements in place to avoid unexpected costs and to set clear expectations. Scotty shares his experience of writing detailed contracts to ensure both he and the builder were aligned on what was included in the project, preventing disputes over extra costs at the end. By meticulously documenting every detail, he was able to satisfy the owner with the completed work and receive full payment, highlighting the importance of thorough contracts in construction to protect both parties.
