NELLCO Statement on Transparency in Pricing
Librarians are fiscal stewards of their institution's resources. As such, they have a responsibility to make informed acquisition decisions with respect to electronic resources. Without transparent pricing practices, truly informed decision-making cannot be realized. Transparency in pricing requires that information providers (1) share the pricing model employed to arrive at the price and (2) not prohibit procurers, through the use of nondisclosure agreements or license clauses, from sharing that information with others. In an effort to support our member libraries in meeting their duty to their institutions, NELLCO will require that all information providers with whom we negotiate from this date forward meet these minimum standards of transparency.
Adopted by NELLCO Board of Directors in 2015