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In this tutorial, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their necessity for contractors in the construction industry. He shares his experience of writing contracts to avoid unexpected costs at the end of a project, as a builder he worked with wanted clarity on included expenses. Initially hesitant, Scotty highlights the importance of detailed agreements, ensuring all aspects of the job are covered. By being thorough and clear in his contract, he achieved satisfaction from both the owner and himself, ultimately leading to proper compensation for his work. The tutorial covers the reasons for contracts and essential elements to include.
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