| Publisher |
Springer Nature |
| Agreement ID | sn2024nerl |
| Agreement labeling | Springer Nature Transformative Agreement |
| Has the agreement been disclosed and published? | No |
| Agreement period | 01/01/2024 – 12/31/2026 |
| Consortia / Institution | NorthEast Research Libraries |
| Country | United States |
| SIZE
Approximate range of annual corresponding author publications |
900 |
| Comments on size/article output | Seven institutions collectively share one pot of OA credits to be used with hybrid journals |
| 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
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? |
If, at the end of a calendar year of the Term, the actual number of Eligible Articles published is below the Contracted Number of Articles less 5% (the Lower Corridor), Licensor will refund the Customer an amount equal to the difference between the Lower Corridor and the actual number of Eligible Articles published, multiplied by the Contracted APC for the relevant year |
| OA COVERAGE
Are all journals relevant to your affiliated authors (in which you expect them to publish) eligible for OA publishing under the agreement? |
No |
| Are fully open access journals covered by the agreement? | No |
| OA LICENSE | CC-BY variations allowed |
| ARTICLE TYPES |
Original research 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 | Ok |
| Comments on workflows | Articles are approved automatically via email addresses/domains with minimal work required by library staff |
| OVERALL ASSESSMENT AND COMMENTS | This is a significant agreement that includes seven of the largest research institutions in the United States. The agreement is sustainable with cost neutral pricing and minimal work required by libraries but it is too early to assess the full impact. In the future it would be desirable to include fully open journals. |
| Request contact to the licensee | contact [at] esac-initiative [dot] org |