[aserl_coll_assess] News: Virginia's research libraries re-negotiate with Elsevier
From: John Burger (jburgeraserl.org)
Date: Wed, 20 Jan 2021 11:09:45 -0800 (PST)
ASERL Friends:

I thought this might be of interest to this group (from the perspective of 
William & Mary).  We welcome input/comments from others as well.  

"Prior to the COVID-19 pandemic, Virginia's research libraries were moving 
toward a new contract with Elsevier beginning in 2022. Due to the pandemic's 
negative effect on operating budgets, the group asked to renegotiate its last 
year of the current five-year contract. VRL appreciates Elsevier's willingness 
to modify the agreement a year early in light of budget needs. The library 
group will be back at the negotiating table in 2021 to pen a longer-term 
agreement."

"Each institution involved reduced its overall spend for the year, balancing 
its COVID-distressed budget for 2021. For W&M Libraries, the Elsevier contract 
was 12% of its collection budget, making it the libraries' largest 
subscription-based contract. By participating in this re-negotiation, W&M 
Libraries was able to reduce expected spend for FY21 by more than 55%."

"The new agreement frees the institutions from the "Big Deal" Freedom 
Collection, allowing for a collection that better suits users' needs.

See the full post at https://libraries.wm.edu/news/va-libraries 



--jeb

John Burger, Executive Director
Association of Southeastern Research Libraries (ASERL)
c/o Robert W. Woodruff Library
540 Asbury Circle, Suite 316
Atlanta, GA  30322

404-218-4207 -- cellular



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