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In this tutorial, Scotty from Ogden Built discusses the fundamentals of construction contracts. He emphasizes the necessity of having contracts and agreements as a contractor in the construction industry. Scotty shares his personal experience of crafting detailed contracts for a builder to prevent issues with unexpected costs at project completion. He initially hesitated to write contracts due to concerns about being trapped in unfavorable agreements. However, he learned that by being meticulous and including every detail, he could ensure both parties' satisfaction, achieving the promised results and securing fair payment.