The Truck Owner Operator Contract Sample with Lease Agreement in Virginia serves as a comprehensive legal framework between a truck owner/operator and a carrier. This document outlines critical responsibilities including the provision of transportation services, insurance requirements, invoicing procedures, and liability provisions. Key features include the need for the contractor to maintain adequate insurance coverage, the stipulation for payment timelines upon receipt of proper documentation, and the requirement for a bill of lading for shipments. The form emphasizes the independent contractor relationship while detailing liability and claims processes. It's particularly beneficial for the target audience—attorneys, partners, owners, associates, paralegals, and legal assistants—by providing a structured format that simplifies compliance with federal regulations and state laws, facilitating negotiations, and ensuring clarity of responsibilities. Users can edit specific sections to tailor the agreement to their unique circumstances, promoting flexibility while adhering to essential legal standards.