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Western Regional Storage Trust (WEST) Business Model

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Presentation on theme: "Western Regional Storage Trust (WEST) Business Model"— Presentation transcript:

1 Western Regional Storage Trust (WEST) Business Model
Print Archive Network meeting ALA Annual June 22, 2012

2 Key Features of WEST Distributed print journal archives held in multiple storage facilities and libraries Annual collection analysis, widely-duplicated titles prioritized by risk categories Retention period 25 years (to 2035) Ownership by Archive Holder, transferred via gifts process Access for all WEST members, to others by local policy Document delivery preferred, physical volumes for in- library use only

3 WEST Membership: 103 Libraries in 17 states
44 individual libraries 3 library consortia University of California (10 libraries) Orbis Cascade Alliance (30 libraries) Statewide California Electronic Licensing Consortium (SCELC) (19 libraries) 16 libraries > 3 million volumes 51 libraries with < 500,000 volumes 56 government- supported institutions 47 private institutions = Direct Members = Consortial Members

4 WEST Business Model Goals Support initial costs to build archive,
minimize long-term costs, promote financial sustainability WEST members share costs of: Funds paid to Archive Builders to process volumes into WEST Collection analysis system via Center for Research Libraries and services from WEST Admin Host Project management and administration WEST members pay own costs for: Space for housing archives Access and delivery of requested materials to other WEST members Local deselection of volumes Transport of contributed holdings to a WEST archive

5 WEST Cost-Sharing Annual member fees based primarily on library collection size (range from $650 to $6,500) Archive Holders pay a reduced member fee Recognizes their other ongoing costs No activity fees (transaction costs)

6 WEST Funding WEST Admin Host (CDL) Member fees Grant funds
All WEST members Mellon Foundation CRL GRF (for Collection Analysis) WEST Archive Builders Member fees Grant funds Funds to process volumes


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