The University Libraries are very aware of the costs of storing materials. Below are some figures, and following, a form to request materials. In addition to the purchase price, there are the following costs and considerations:

 Estimated Annual Storage Costs:

• $4.26/ volume annually in stacks
• $1.53/volume annually in high-density storage system [1]

For every 10,000 monographs added (net):

• 2,000 square feet of space is required; 2007 construction cost/square foot: $300 = $600,000
• For every 10,000 monographs retained in stacks, lifetime maintenance cost: $1,195,600 [2]

Circulation probability (1979):

• If a book did not circulate within the first 2 years of ownership, its chances of ever being borrowed were reduced to 25%
• If a book did not circulate within the first 6 years of ownership, its chances of ever being borrowed were reduced to 2%.[3]

2010: On average for 4-year colleges, 53% of  books published 2006 or earlier never circulate. If a minimum of 2 uses were established as a criterion for a cost-effective acquisitions program, 71% of the titles would not have been purchased.  Book circulations per enrolled student have decreased from an average of 15 in 1997 to 6 in 2007. [4]  

[1] Courant, Paul and Matthew “Buzzy” Nielsen. “On the Cost of Keeping a Book.” CLIR pub 147: The Idea of Order: Transforming Research Collections for 21st Century Scholarship. 2010.

[2] R2 Consulting LLC. 2010.

[3] Kent, Allen. “Use of Library Materials: The University of Pittsburgh Study.” Marcel Dekker Series: Books in Library and Information Science ,Vol. 26. 1979.

[4] R2 Consulting LLC. 2010.