The Owner operator contract with carrier lease agreement in Riverside outlines the terms between a Contractor, who provides transportation services using their own equipment, and a Carrier, which offers shipping jobs. Key features include insurance requirements for both parties, detailed billing procedures, and the process for delivering necessary documentation. The form specifies liability provisions for both the Contractor and Carrier, including the handling of cargo claims and necessary insurances, such as liability and cargo coverage. It also emphasizes the independent nature of the relationship while allowing the Carrier to act as an agent for invoicing. This agreement is crucial for minimizing disputes and ensuring that both the Contractor and Carrier understand their responsibilities. It is particularly useful for legal professionals, such as Attorneys and Paralegals, in drafting and negotiating contracts, as well as for Owners and Associates in managing transportation operations. Overall, it supports users in maintaining compliance with regulations and protecting business interests in the logistics sector.