| Publisher |
Oxford University Press |
| Agreement ID | oxf2024finelib |
| Has the agreement been disclosed and published? | Yes |
| URL | https://extra.kansalliskirjasto.fi/finelib_julkinen/ OUP/FinELib_OUP_2024-2025_R&P_Redacted.pdf |
| Agreement period | 01/01/2024 – 12/31/2026 |
| Consortia / Institution | FinELib consortium |
| Country | Finland |
| SIZE
Approximate range of annual corresponding author publications |
250 |
| Comments on size/article output | Estimate based on 2023 output including hybrid and fully OA articles |
| COSTS
How do the costs of the agreement relate to previous subscription-only agreements with the publisher? |
Cost decrease |
| Comments on cost development | For renewing institutions, the total costs will be reduced by around 15%. For new joiners, the costs will be within the range of the previous spending level. |
| FINANCIAL SHIFT
Transformative agreements vary by their transformative mechanisms, meaning the way in which financing is shifted from the subscription side to open access publishing. What are the characteristics of this agreement to this regard? |
Subscriptions partly converted to OA publishing fees |
| RISK SHARING
How do entitlements for open access publishing correlate to the anticipated article output? Which mechanisms for risk sharing have been agreed in cases of exceeding or not reaching the number of OA publishing entitlements?
|
The agreement offers unlimited OA publishing in OUP’s hybrid titles. A 15% APC discount is available for articles in OUP’s fully OA journals. Journal flipping to OA mid-term will remain eligible. |
| OA COVERAGE
Are all journals relevant to your affiliated authors (in which you expect them to publish) eligible for OA publishing under the agreement? |
Yes |
| Are fully open access journals covered by the agreement? | Yes |
| OA LICENSE | CC-BY preference, exceptions allowed |
| ARTICLE TYPES |
Original research articles Review articles |
| ACCESS COSTS
What is the approximate share of access related costs of the overall agreement? |
20%-50% |
| ACCESS COVERAGE
Are all read relevant journals covered by the agreement? |
Yes |
| PERPETUAL ACCESS RIGHTS | Yes |
| WORKFLOW ASSESSMENT | Too early to assess |
| Comments on workflows | OUP has recently moved to SciPris. FinELib will keep monitoring the workflow. |
| OVERALL ASSESSMENT AND COMMENTS |
While not sustainable in the long term, this agreement, representing a reduction in total costs, is more sustainable than the previous one (2021-2023), the value of which decreased over time as a result of OUP journals flipping to OA during the agreement term. For this agreement, flipped journals will remain eligible. In contrast to the previous agreement, this agreement also includes fully OA journals through APC discount. |
| Request contact to the licensee | contact@esac-initiative.org |