sn2022co

Publisher

Springer Nature

Agreement ID sn2022co
Agreement labeling License Agreement
Has the agreement been fully disclosed and published? No
Agreement period 07/01/2022 – 12/31/2024
Consortia / Institution Consorcio Colombia
Country Colombia
SIZE

Approximate range of annual corresponding author publications

271
COSTS

How do the costs of the agreement relate to previous subscription-only agreements with the publisher?

Agreement costs within the range of the previous spending level
FINANCIAL SHIFT

Transfomative 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 fully converted to OA publishing fees (access related costs 5% or less)
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?

Among 80-90% of the total expected academic papers will be converted during the three years
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? No
OA LICENSE CC-BY variations allowed
ARTICLE TYPES
Original research articles
Review articles
ACCESS COSTS

What is the approximate share of access related costs of the overall agreement?

More than 50%
Comments on access costs Over the next three years, the transformative agreements signed will enable the conversion of among the 80 to 90% of the scientific articles published under the subscription model at Springer Nature.
ACCESS COVERAGE

Are all read relevant journals covered by the agreement?

Yes
PERPETUAL ACCESS RIGHTS No
WORKFLOW ASSESSMENT Too early to assess
OVERALL ASSESSMENT AND COMMENTS These are the first transformative agreements in Colombia and Latin America, and we hope that this will have a positive impact on the transition to open science.

One of the benefits is that the institutions that are part of the Consorcio Colombia will save about USD$ 2 million in APC payments through the transformative agreements signed.

Based on the experience of this first year, researchers’ and institution comments will be considered for the coming years, such as the inclusion of more journals.

Considering that the agreement will start on July 1 of 2022 unused articles at the end of a calendar year, will can be used in the next calendar year

Request contact to the licensee contact@esac-initiative.org