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Scotty from Ogden Built discusses the importance of construction contracts in the construction industry. He emphasizes that contractors need clear agreements in place to prevent misunderstandings, such as unexpected costs at the end of a project. Scotty shares his initial hesitation in writing contracts due to concerns about limiting his profitability. However, he emphasizes that by being detailed in his agreements and including all necessary steps and costs, he was able to satisfy both the client and himself by ensuring he was compensated fairly for his work. Overall, the tutorial highlights key considerations for creating effective construction contracts to protect both parties involved.
