October 2011

SORM-200 deadline

The SORM-200 for FY ‘11 was due 60 days after the close of the fiscal year (Oct. 30). Pursuant to Senate Bill 5, 82nd RS, universities are exempt from this requirement.

The SORM-200 is the sole source for collecting statewide information from state agencies regarding their expenditures for risk management activities. Section 412.053 of the Texas Labor Code mandates that SORM captures costs associated with agency risk management programs and compiles the administrative costs of risk management. These associated costs are included in SORM’s Biennial Report to the Legislature.

For more information, go to www.sorm.state.tx.us/Risk_Management/SORM200/overview.php. If you have any questions, contact your agency’s risk specialist for a consultation.