Surety bond agency software that keeps the bond, the obligee and the renewal date on one file
A surety bond agency is a producer that places three party guarantees between a principal, an obligee and a surety, which makes the file a credit file rather than an insurance file. Federal construction work needs performance and payment bonds above $150,000 under FAR 28.102-1, the SBA guarantees 80 percent of bonds on contracts up to $9,000,000, and Treasury Department Circular 570 lists the companies certified to write federal bonds. Neurobird holds the bond, the credit behind it and the renewal clock on one record.
Neurobird Surety Bond Agency in short
- Hold one file per bond: principal, obligee, bond form, penal sum, effective date and expiry
- Diary every renewal and continuation certificate before the obligee notices it is late
- Keep work in progress schedules, financials and indemnity agreements against the principal, each dated
- $150,000 FAR 28.102-1 requires performance and payment bonds on any federal construction contract exceeding this amount, under 40 U.S.C. chapter 31 subchapter III, the statute most people still call the Miller Act. Acquisition.gov, FAR Part 28
- $35,000 Between $35,000 and $150,000 the contracting officer must select two or more alternative payment protections, such as a payment bond, an irrevocable letter of credit or a tripartite escrow agreement. Acquisition.gov, FAR 28.102-1
- Pricing runs 180 to 760 US dollars per month across 3 tiers. Early access is free.
What surety bond agencies actually deal with
Why it stays broken
Surety is credit underwriting wearing an insurance jacket, so agency systems built for property and casualty have no field for a work in progress schedule or an aggregate limit. The bond forms come from thousands of separate obligees and none of them agreed on a layout. What is left is a spreadsheet plus one person who remembers which principal is close to the line.
One missed continuation certificate on a $2,400,000 performance bond ends the job and the relationship in the same week.
Small Business Administration (SBA) can guarantee bonds for contracts up to $2 million, covering bid, performance and payment bonds for small and emerging contractors who cannot obtain surety bonds through regular commercial channels.
Neurobird Surety Bond Agency Compliance Platform
Make the bond the record. Principal, obligee, form, penal sum, indemnity and expiry sit together, and the underwriting file that justified it is attached rather than recalled.
- 1Hold one file per bond: principal, obligee, bond form, penal sum, effective date and expiry
- 2Diary every renewal and continuation certificate before the obligee notices it is late
- 3Keep work in progress schedules, financials and indemnity agreements against the principal, each dated
- 4Track single and aggregate limits per principal so a new bid does not quietly break the program
What changes with Neurobird Surety Bond Agency?
The same work, read left to right: how it runs today, and how it runs once the record is in one place.
| Today | With Neurobird Surety Bond Agency |
|---|---|
| Every obligee has its own bond form, its own filing address and its own renewal clock, and none of that lives in the accounting system | Hold one file per bond: principal, obligee, bond form, penal sum, effective date and expiry |
| The underwriting file is built from work in progress schedules, financials and indemnity agreements that arrive as email attachments and go stale inside a quarter | Diary every renewal and continuation certificate before the obligee notices it is late |
| A bond that lapses because nobody diaried the continuation certificate costs the principal a contract and costs you the account | Keep work in progress schedules, financials and indemnity agreements against the principal, each dated |
Who is this for?
Same bond form, three different desks.
You place bonds for local contractors
Two producers, 300 open bonds and a renewal list nobody owns. You need the diary to be a system rather than a habit.
You run programs, not one off bonds
Capacity is the product. You need work in progress, single limit and aggregate limit on one screen before you commit to a bid.
You write high count, low penal sum
Thousands of small bonds across dozens of obligee forms. The win is the renewal run, not the underwriting.
How does Neurobird Surety Bond Agency work?
Open the bond file
Principal, obligee, form number, penal sum and dates captured once, with the executed bond and power of attorney attached to it.
Attach the credit
Work in progress schedule, financial statements and the general indemnity agreement sit against the principal, each stamped with the date it was taken.
Watch the clock and the line
Renewals, continuation certificates and remaining room against the single and aggregate limit read off one screen before a bid goes out.
The desk, bond by bond
A working preview. Tick a bond to pull its obligee form and renewal date.
| Requirement | Status | Next due | |
|---|---|---|---|
| Renewal, contractor license bond | current | in 42d | |
| Bid bond, Route 9 culvert package | due soon | in 9d | |
| DMEPOS bond, $50,000 per NPI | current | in 120d | |
| Indemnity agreement, new principal | overdue | 3d late | |
| Performance bond, $2,400,000 school addition | current | in 64d |
Tick a requirement to file evidence against it.
What the numbers say about surety bonds
Useful if you write contract or commercial surety. Each figure links back to the authority that set it.
FAR 28.102-1 requires performance and payment bonds on any federal construction contract exceeding this amount, under 40 U.S.C. chapter 31 subchapter III, the statute most people still call the Miller Act.
Acquisition.gov, FAR Part 28Between $35,000 and $150,000 the contracting officer must select two or more alternative payment protections, such as a payment bond, an irrevocable letter of credit or a tripartite escrow agreement.
Acquisition.gov, FAR 28.102-1The SBA guarantees 80 percent of bonds on contracts up to $9,000,000, or up to $14,000,000 with a federal contracting officer certification. The guarantee rises to 90 percent on contracts up to $100,000 and for HUBZone, 8(a), veteran owned and economically disadvantaged firms.
US SBA, surety bond partners and agentsOn contracts up to $500,000 an agent can use the SBA Quick Bond Guarantee, submitting SBA Form 990 and SBA Form 994 through the E app system rather than the full standard package.
US SBA, surety bond partners and agentsEvery Medicare DMEPOS supplier must post a surety bond of $50,000 for each NPI it maintains, which is the kind of commercial surety renewal that gets forgotten until billing privileges are revoked.
CMS, enroll as a DMEPOS supplierTreasury Department Circular 570 is the complete list of companies certified to write or reinsure federal bonds under 31 U.S.C. 9304 to 9308. The current edition was updated on August 1, 2026.
Bureau of the Fiscal Service, surety bondsSurety bond agency software questions, answered
Key terms
- What is a surety bond agency?
- A surety bond agency is a producer that places bonds between three parties: the principal who must perform, the obligee who requires the guarantee, and the surety that stands behind it. Contract surety covers bid, performance and payment bonds on construction work. Commercial surety covers licence, permit and court bonds. The agency does credit underwriting, not loss underwriting.
- What is the difference between a surety bond and insurance?
- Insurance is a two party contract that expects losses and prices them in. A bond is a three party guarantee that expects no losses, and when the surety pays it seeks recovery from the principal under a general indemnity agreement. That is why the file is a credit file and why the personal indemnity matters more than any form.
When is a performance bond required on federal construction?
Under FAR 28.102-1, which implements 40 U.S.C. chapter 31 subchapter III, performance and payment bonds are required for any federal construction contract exceeding $150,000. Between $35,000 and $150,000 the contracting officer selects two or more alternative payment protections instead.
How does an SBA guarantee change what we can write?
The SBA Surety Bond Guarantee program backs 90 percent of bonds on contracts up to $100,000 and on bonds for disadvantaged, HUBZone, 8(a) and veteran owned firms, and 80 percent on other contracts up to $9,000,000, or $14,000,000 with a federal contracting officer certification. It moves the credit line, so the file still has to be right.
Does this replace our agency management system?
No. Commissions, billing and the general ledger stay where they are. What lives here is the bond file: obligee form, penal sum, dates, indemnity, work in progress and remaining capacity, joined so a renewal or a bid answer takes seconds.
Why we are building this
Surety is the only line where the file is a credit file and the software pretends it is an insurance file. That gap is where the work goes.
So the bond sits in one system, the work in progress schedule sits in a spreadsheet, the indemnity sits in a PDF folder, and the renewal sits in somebody's calendar until the week it does not.
We would rather build this with people who write bonds every day. Tell us how your desk runs, and where we have got it wrong.
Where the requirement comes from
Public sources on how bonds are required, guaranteed and certified.
- FAR Part 28, bonds and insurance The $150,000 performance and payment bond threshold, the $35,000 alternative payment protection band, and the penal sum rules behind every federal bid.
- US SBA, surety bond partners and agents Guarantee rates, the $9,000,000 and $14,000,000 underwriting limits, the Quick Bond route and the forms an agent files through E app.
- Bureau of the Fiscal Service, surety bonds Department Circular 570, the list of companies certified to write or reinsure federal bonds, plus the reinsurer and pool listings.
- CMS, enroll as a DMEPOS supplier The $50,000 per NPI surety bond requirement, a common commercial surety renewal with real consequences for the principal.
- Texas Department of Insurance, bond resources A state level view of bond filings and forms, useful when the obligee is a state agency rather than a federal one.
How much does Neurobird Surety Bond Agency cost?
Priced per agency because that is how a bond desk is staffed. Principals, bonds and users are unlimited on every tier.
- Bond file records
- Obligee form library
- Renewal diary
- Indemnity storage
- Email support
- Everything in Single desk
- Work in progress tracking
- Single and aggregate limits
- Continuation certificate runs
- Named contact
- Everything in Agency
- Multi branch roll up
- Surety company reporting
- Accounting system sync
- Onboarding included
Get free early access
If you place bonds for a living, tell us how a renewal reaches you today and where the file actually sits.
Straight answer on where this is: In development. Early access gets the working preview, a say in what ships first, and early access pricing. It does not get you a login today.
Prefer email? Write to office@neurobird.com and a person will reply. No autoresponder.