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Elsevier Renewal 2013 University Library Committee January 23, 2013. Greg Raschke Associate Director for Collections and Scholarly Communication. Current Elsevier Scenario. 466 individual journal subscriptions Perpetual Ownership New subscriptions needed to access new titles
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Elsevier Renewal 2013University Library Committee January 23, 2013 Greg Raschke Associate Director for Collections and Scholarly Communication
Current Elsevier Scenario • 466 individual journal subscriptions • Perpetual Ownership • New subscriptions needed to access new titles • No inflation cap • Inflation varies from 5% - 8.5% depending on the title • Year to year agreement allowing 1.5% cancellation • 13.5% content fee for online access plus a four year archive of additional years
Current Elsevier Expenditures • $1,844,745 in 2012 • $1,946,206 in 2013 (estimated) • In addition to inflation have increased our subscription base with new titles • Added 12 new titles in last 3 years • Total: $11,520 • Expect to continue adding at a similar rate
2013 Renewal Proposal • 466 individual journal subscriptions • Perpetual Ownership • 1700 additional titles • Leased • Database fee of $30,000 • Total Projected Expenditure $1,933,760 • All title access back to 1995 regardless of subscription start date • Capped inflation of 5.5% • Reduced content fee of 11% • 1.5% Cancellation allowance • 5 year deal with annual no penalty opt-out