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In this tutorial, Scotty from Ogden Built discusses the fundamentals of construction contracts for contractors in the industry. He emphasizes the importance of having clear agreements to avoid misunderstandings, particularly regarding potential extra costs at project completion. Scotty shares his experience of initially feeling hesitant to draft detailed contracts due to concerns about being locked into unprofitable agreements. However, by meticulously outlining each step and detail in the contract, he ultimately ensured that both the owner and he were satisfied with the outcome, as he received payment for all agreed-upon work.
