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In this video, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their necessity for contractors in the industry. He shares his experience of crafting detailed agreements to avoid misunderstandings about additional costs at the project's end. Initially apprehensive about creating a contract that might limit his profits, Scotty learned that a thorough and detailed contract can lead to greater satisfaction for both parties. He highlights the importance of including all necessary details in contracts to ensure clear expectations, ultimately leading to successful project completion and appropriate payment.
