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In this tutorial, Scotty from Ogden Built discusses the basics of construction contracts for contractors in the industry. He emphasizes the necessity of having contracts and agreements in place to avoid misunderstandings. Scotty shares his personal experience of initially hesitating to write contracts, fearing it would limit profit. However, after detailing every aspect of the job in a written agreement, he found that both he and the client were satisfied with the outcome. The detailed contract prevented misunderstandings about extra costs and ensured he received payment for the full scope of work.