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In this video, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their importance for contractors in the industry. He highlights the need for clear agreements to avoid unexpected costs at the project's end. Scotty shares his experience of initially hesitating to write contracts due to concerns about being financially bound, but ultimately created a detailed agreement. This thoroughness allowed him to cover all necessary aspects of the job, ensuring satisfaction for both the owner and himself, as he properly accounted for costs and was paid accordingly. The video aims to guide contractors on what to include in their contracts.
