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In this tutorial, Scotty from Ogden Built discusses the essentials of construction contracts for contractors in the construction industry. He emphasizes the necessity of having written agreements to prevent disputes, particularly regarding additional costs at the job’s conclusion. Scotty shares his experience of initially hesitating to create contracts due to fears of being trapped financially. However, by drafting a detailed agreement that included all necessary components, both he and the client ended up satisfied— the owner was pleased with the fulfillment of promises, while Scotty ensured he was compensated for all aspects of the work performed.
