The Independent Contractor Agreement for Owner Operator Lease Programs in Bronx facilitates a formal relationship between a contractor (truck driver) and a carrier company. It outlines the contractor's obligations to transport goods using their own equipment, while specifying that the carrier will provide necessary insurance coverage. Key features include detailed requirements for documentation, including bills of lading, proof of delivery, and invoices, ensuring proper payment processing within a set timeframe. The form also addresses liability and the handling of cargo claims, mandating compliance with federal regulations. The target audience for this form includes attorneys, partners, owners, associates, paralegals, and legal assistants, who may utilize it for drafting and managing contracts within the trucking industry. Filling and editing instructions can emphasize the need for accuracy in stating fees and responsibilities. Use cases for this agreement include securing transportation contracts, outlining insurance obligations, and defining the contractor-carrier relationship. Completing this form accurately is essential for legal compliance and protecting all parties involved.