No statute requires technology company prequalification. Performance Plus is a contract surety underwriting program offered through our carrier partner; prequalifying establishes a bonding line ahead of any specific project. The performance bond itself, when you need one, is required by whatever statute or contract governs the actual engagement — a public procurement code, or the terms of the solicitation. Capacity figures on this page are the financial-presentation tiers published in Propeller's Technology & Data Company Surety Application Questionnaire and remain subject to underwriting. Confirm your solicitation's own bonding requirement separately; prequalification does not replace it.

Why a software company gets asked for a bond at all

You need this if you are

An underwriter will review your file and confirm your bonding line within 48 hours. Remember: this same file is what speeds up the performance bond when you have a contract.

Software, SaaS, data and systems-integration firms: find out how much performance bonding you qualify for before you bid a public contract. Ten minutes, $0, soft credit pull.

Technology & Data Company Prequalification

Contractor Prequalification (Performance Plus)

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Prequalify for bonding. Free.