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In this tutorial, Scotty from Ogden Built discusses the basics of construction contracts for industry contractors. He emphasizes the importance of having contracts and agreements in place to avoid issues such as unexpected additional costs at the end of a project. Scotty shares his experience of writing a detailed agreement for a builder who was concerned about transparency and potential hidden costs. By meticulously outlining every detail, he was able to ensure both the owner's satisfaction with the work done and his own financial compensation. The tutorial aims to guide contractors on essential elements to include in their contracts.