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Scotty from Ogden Built discusses the fundamentals of construction contracts in this tutorial. He emphasizes the necessity of having contracts and agreements in place for contractors in the construction industry. Scotty shares his experience of initially hesitating to write detailed contracts due to concerns about being trapped in unprofitable situations. However, he explains that by creating a thorough agreement, detailing all aspects of the project, he was able to prevent unexpected costs for the builder and ensure both parties were satisfied upon completion. This approach ultimately led him to get paid fairly for his work, highlighting the importance of clarity and detail in construction contracts.
