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In this video, Scotty from Ogden Built discusses the basics of construction contracts for contractors in the industry. He emphasizes the importance of having contracts and agreements in place to avoid misunderstandings, especially regarding additional costs at the end of a project. Scotty shares his experience of writing detailed contracts due to a builder's request for clarity. Initially apprehensive, he found that being thorough in outlining all steps and details ensured both his satisfaction and that of the project owner. This approach allowed him to include all necessary aspects, leading to fair payment and a successful outcome for both parties.
