Here is how it works in more detail:
Publishers and publishing service providers offer individualised membership programmes via the OBC. Each open access initiative is scrutinised before joining the OBC, will be transparent about their activities and finances, and will be re-scrutinised on an ongoing basis by the OBC team.
Supporting institutions select the membership programmes they want to support – they can support an individual membership programme, a self-customised selection of membership programmes, or suggested groupings of membership programmes.
The OBC invoices the supporting institution for the cost of the membership programme, or programmes, as well as a 5% fee that contributes to the OBC’s operating expenses.
Publishers and publishing service providers receive membership income from the OBC, 10%-12.5% of which goes back to the OBC for operating expenses and to a collective fund for the development of technical and other resources needed over time by the member initiatives of the OBC.
Supporters receive benefits offered by publishers and publishing service providers, ranging from annual activity and finances reports, to discounts for print books, to usage metrics, to governance roles, to catalogue records, to interoperable metadata, to access to back catalogue content, and so on.
Joining the OBC empowers supporting institutions, publishers, and publishing service providers to collaborate on a consortial funding model for open access books in which public resources are gathered from multiple institutions across the world – an extremely cost-effective method for funding open access books in which no single institution bears a disproportionate cost, and collectively, we increase and amplify a body of research that is openly available to research and learning communities worldwide.
Download our OBC leaflet here.