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Scotty from Ogden Built discusses the basics of construction contracts, emphasizing the necessity of having agreements in place for contractors in the industry. He shares his experience of writing contracts after a builder requested clarity to avoid unexpected costs at the job's conclusion. Initially hesitant about drafting the contract due to concerns over being financially trapped, Scotty highlights the importance of including detailed steps and considerations. His thorough approach ensured that both the owner was satisfied with the work performed and he received appropriate compensation, illustrating how effective contract writing can lead to mutual benefits in construction projects.
