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In this tutorial, Scotty from Ogden Built discusses the fundamentals of construction contracts for contractors in the construction industry. He emphasizes the necessity of having contracts and agreements in place to avoid misunderstandings, particularly regarding additional costs at project completion. Scotty shares his experience of initially hesitating to draft contracts due to concerns about potential financial pitfalls. However, he highlights the importance of being thorough and detailed in outlining all project steps and costs in written agreements. This proactive approach ultimately led to satisfied clients and ensured he received full payment for his work.
