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In this video tutorial, Scotty from Ogden Built discusses the basics of construction contracts. He emphasizes the necessity of having formal agreements in place for contractors in the construction industry. Scotty shares his personal experience of initially being apprehensive about writing contracts due to concerns about being trapped in agreements that could lead to financial loss. However, he reveals that by creating a detailed contract, he was able to outline every step and detail of the project. This approach not only satisfied the client, who was pleased with the clarity, but also ensured Scotty was compensated fairly for his work. The video aims to guide viewers on what to include in construction contracts.
