After a year of negotiations, the Colorado State University Libraries recently agreed to a new three-year contract with scholarly publishing giant Elsevier, through the Colorado Alliance of Research Libraries.
CSU researchers will continue to have access to the 2,300 journal titles from Elsevier currently available through the Libraries.
The Libraries subscribes through CARL, a coalition of 14 academic libraries in Colorado and Wyoming, to leverage the influence of collective purchasing power. CARL has agreed to pay about $7 million for Elsevier journal titles, and the Libraries will contribute roughly $1.6 million. Annual inflation rates for journal subscriptions typically vary between 4% to 8%, but the Alliance secured an approximately 15% discount from the previous Elsevier contract.