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In this tutorial, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their importance for contractors in the construction industry. He shares his experience of initially hesitating to write contracts due to concerns about accountability and financial loss. However, he learned the value of detailed agreements to avoid unexpected costs for both parties. Scotty highlights the need for contracts to outline all aspects of a project comprehensively, ensuring satisfaction for both the contractor and the client by clearly defining expectations and payments. This detailed approach ultimately leads to successful project completion and fair compensation.
