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In this video tutorial, Matthew explains how to create a plumbing contract using legal templates. He guides viewers to click on a provided link to access legaltemplates.net, where they can find various business forms. After navigating to the site, users are advised to use the search function to find the plumbing contract and plumbing invoice. Once selected, users need to enter the transaction type as a service, fill in their name and information as the service provider, and list their customer’s details. They are then instructed to describe the services provided and specify the project price, emphasizing the importance of precise pricing for each project involved.