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In this video, Scotty from Ogden Built discusses the fundamentals of construction contracts, emphasizing their importance for contractors in the construction industry. He shares his experience of writing contracts, motivated by a builder's desire to avoid unexpected costs at the project's end. Initially hesitant to draft a detailed agreement, Scotty eventually created a comprehensive contract that outlined all necessary steps and included pricing for each aspect. This thorough approach not only ensured that the owner was satisfied with the completed work but also secured appropriate compensation for Scotty, demonstrating the value of clear contractual communication.
