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In this video, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their importance for contractors in the industry. He shares his experience of writing contracts due to a request from a builder who wanted clarity on project details to avoid unexpected costs at the end. Initially apprehensive about writing a detailed agreement, Scotty found that being thorough allowed him to cover all aspects of the project, ensuring that both the owner was satisfied with the work and he was compensated fairly. He highlights the significance of including every detail in contracts to safeguard against misunderstandings and financial loss.
