1. Elsevier Renewal 2013 University Library Committee January 23, 2013 Greg Raschke Associate Director for Collections and Scholarly Communication

2. Current Elsevier Scenario  466 individual journal subscriptions  Perpetual Ownership  New subscriptions needed to access new titles  No inflation cap  Inflation varies from 5% - 8.5% depending on the title  Year to year agreement allowing 1.5% cancellation  13.5% content fee for online access plus a four year archive of additional years

3. Current Elsevier Expenditures  $1,844,745 in 2012  $1,946,206 in 2013 (estimated)  In addition to inflation have increased our subscription base with new titles  Added 12 new titles in last 3 years  Total: $11,520  Expect to continue adding at a similar rate

4. 2013 Renewal Proposal  466 individual journal subscriptions  Perpetual Ownership  1700 additional titles  Leased  Database fee of $30,000  Total Projected Expenditure $1,933,760  All title access back to 1995 regardless of subscription start date  Capped inflation of 5.5%  Reduced content fee of 11%  1.5% Cancellation allowance  5 year deal with annual no penalty opt-out

5. Additional Titles by Subject Area