The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company is designed specifically for individuals acting as contractors in the trucking industry, particularly in Suffolk. This form outlines critical aspects of the working relationship, including obligations for both parties, liability coverage, and payment terms. Key features include detailed insurance requirements, a structured invoicing process, and the stipulation that contractors maintain liability insurance. It's also imperative for contractors to submit specific documentation promptly to ensure timely payment. This agreement is crucial for ensuring compliance with federal regulations concerning cargo transport, and it sets clear expectations to safeguard both contractors and carriers from potential liabilities. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to establish a clear, professional framework for their client relationships in trucking, making it easier to navigate legal responsibilities and financial agreements.