Principles for Offset Agreements
peter.suber's bookmarks 2019-04-16
"As open-access (OA) publishing funded by article-processing charges (APCs) becomes more widely accepted, UK academic institutions face an increase in the ‘total cost of publication’, comprising subscription costs plus APCs and additional administration costs. Most APC payments are made to large ‘traditional’ commercial publishers who also received considerable subscription income. Jisc Collections is asking publishers to introduce offset systems that will reduce this extra cost to UK higher education. These principles are drafted for publishers of hybrid journals (these are subscription journals in which some of the articles are open access). They aim to provide these publishers with an understanding of the requirements of their customers from the UK academic sector. They follow the spirit of the Finch Report, which was informed through dialogue with scholarly publishers, universities, and research funders. It is expected that publishers will adhere to these principles in their design of offset systems. Following the recommendations of the Finch Report, UK Higher Education institutions are in the vanguard of a transition to open access. Although many of these institutions have received some funding to support the transition, collaboration with publishers is required in the form of offset systems to ensure affordability and sustainability...."