FLVC Group Licensing of E-Resources (for 2023)
FLVC currently supports an annual group licensing process for E-Resource products. In the summer, libraries are asked for a list of electronic resources they are interested in obtaining for the following year. FLVC gathers this information and request quotes from vendors for products that several institutions are interested in. The consortium negotiates group discounts, and the libraries agree to purchase a subscription for the following year. One payment is made by each institution to FLVC for all products purchased through a group license. FLVC then pays the vendors. All products are made available on January 1st of the following year.
For the 2023 group licensing process, FLVC negotiated pricing for 149 different products from 32 separate vendors, totaling over $2.4 million. The cost avoidance, which is the sum of the total savings by all institutions for participating in the group licensing process rather than buying these products separately, is $19,688,680. A full list of these products and vendors are included below: