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Scotty from Ogden Built discusses the basics of construction contracts in this tutorial. He emphasizes the necessity of having contracts and agreements as a contractor in the construction industry. Scotty shares his initial hesitations about writing contracts due to fears of being trapped into unfavourable terms, especially concerning additional costs at the project's end. However, after developing a detailed agreement that covered every aspect of the project, he found that both the owner and himself were satisfied. The clarity in the contract allowed him to include all necessary details, ensuring he received fair payment for his work and fulfilled his promises.