May 14, 2021

New Report: Cost Benefit Study of FEDLINK Services For Comparison to Other Acquisition Sources

This 16 page report was posted last week on the FEDLINK web site.

From the Executive Summary and Intro:

From Fiscal Year 2000 to Fiscal Year 2011, federal government agencies spent an estimated $5.9 billion—nearly $500 million annually—on print publications, electronic databases, information retrieval, and other commodities that can be collectively described as an “information market.”

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The purpose of this study is to identify and quantify the tangible cost savings/cost avoidance and the intangible benefits that accrue to users of FEDLINK. Shrinking budgets, staff cuts and federal mandates to streamline business practices and monitor performance increase the need for federal libraries to find ways to leverage the use of their resources. This report reviews both the FEDLINK business model and the tangible/intangible cost savings/cost avoidance calculations FEDLINK achieves for its members using strategic sourcing services.

The final page of the report includes a chart with the Top 20 vendors FEDLINK works with and the discount rate given to the organization. Another chart includes the amount spent with vendors by category.

Cost Benefit Study of FEDLINK Services For Comparison to Other Acquisition Sources

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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