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Three-dimensional electromagnetic methods are fundamental tools for the analysis and design of high-speed systems. These methods often generate large systems of equations, and model order reduction (MOR) methods are used to reduce such a high complexity. When the geometric dimensions become electrically large or signal waveform rise times decrease, time delays must be included in the modeling. Design space optimization and exploration are usually performed during a typical design process that consequently requires repeated simulations for different design parameter values. Efficient performing of these design activities calls for parameterized model order reduction (PMOR) methods, which are able to reduce large systems of equations with respect to frequency and other design parameters of the circuit, such as layout or substrate features. We propose a novel PMOR method for neutral delayed differential systems, which is based on an efficient and reliable combination of univariate model order reduction methods, a procedure to find scaling and frequency shifting coefficients and positive interpolation schemes. The proposed scaling and frequency shifting coefficients enhance and improve the modeling capability of standard positive interpolation schemes and allow accurate modeling of highly dynamic systems with a limited amount of initial univariate models in the design space. The proposed method is able to provide parameterized reduced order models passive by construction over the design space of interest. Pertinent numerical examples validate the proposed PMOR approach.