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Carolina Consortium Saves $338 Million for Libraries Across the North and South Carolina

The following information was provided by Assistant Dean of University Libraries Tim Bucknall:

Every few years, we do a school-by-school and deal-by-deal cost avoidance calculation for the Carolina Consortium (CC).   This represents the savings as compared to what it would cost each school to receive the same journals without participating in the savings negotiated by the Consortium.

I just finished the 2016 CC spreadsheet, and I'm very pleased to report that our collective annual cost avoidance is now $338,437,086.

A few fun facts:
- UNCG's savings is $9,577,238 from 34 ongoing CC deals (10th biggest savings out of the CC's 184 libraries)
- the biggest savers are UNC Pembroke ($11M), Western Carolina ($10.9M), and UNC Asheville ($10.8M)
- the biggest non-UNC system saver is Lenoir-Rhyne ($10.6M)
- The 17 schools of the UNC System have 329 ongoing CC deals and save $115 million, which is 34% of all the CC savings.
- Not everyone saves big. Two schools (both community colleges) participate in only one small deal, saving less than $100 each. But they count towards our participation numbers and thus help lower the price for everyone else.
- For the first time since we created the Carolina Consoritum a dozen years ago, UNCG is in more CC deals (34) than anyone else. The next most are ASU (32) and ECU (31).

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