"Principles for Advancing Openness through Journal Negotiations" by IOWA STATE UNIVERSITY LIBRARY

This is the full text: 

"1. PRIORITIZE OPENNESS As part of a public land grant university with a mission to create and share knowledge to make Iowa and the world a better place, the University Library will prioritize agreements that advance open access and other methods of open dissemination for research outputs. Participating in a global movement advocating for open access, we work toward democratizing access to knowledge by reducing financial barriers inherent in traditional publishing practices.

2. TRANSPARENCY — NO NON-DISCLOSURE Fair agreements that advance open access and control costs will only emerge from fair negotiations. Fair negotiations can only take place when publishers and libraries have equal access to information. Publisher practice has been to require non-disclosure agreements that restrict libraries from sharing the prices they pay and the terms and conditions of their agreements. The informational asymmetry this creates greatly favors the interests of publishers at the expense of libraries and their campuses. We will demonstrate our commitment to open access and transparency by rejecting non-disclosure language in our agreements and sharing our agreements publicly.

3. FINANCIALLY SUSTAINABLE Financially sustainable journal agreements will emerge from a diverse scholarly publishing landscape—where learned societies and not-for-profit publishers can compete and thrive; where innovation is incentivized and rewarded; and where reasonable profit margins are the norm. We will prioritize agreements that help shape this world and provide long-term financial sustainability to our library."