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Costs (More details in appendix 1: Costs):
Summary:
- Cornell - $33,749 year one, $26,143 year two+ (not including savings from Innovative ERM costs)
- Columbia - $4,000 year one, $10,000 year two+
Breakdown:
- Cornell -
- Annual: $11,693 (RM) + $10,450 (360 COUNTER) - ~$10,000 (Innovative ERM cost recovery) = ~$12,000
- One-time: $1969 + $3,990 (RM set-up) + $688 (360 COUNTER set-up) = $6,647
- Columbia - No change beyond 2CUL costs summarized below.
- 2CUL - Our team assumes these fees would be split evenly, but felt it was useful to single them out.
- Annual: $8,000 first year pilot, $20,000 future years (RM-CE)
- One-time: $2,000 + $3,995 (RM-CE Implementation) = $5,995
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Licensing the products:
RM at Cornell - 11$11,693/year plus one time set up $1969 (includes data population services) and a onetime consultation fee of $3990
360 COUNTER at Cornell - 10,450/year plus onetime set up 688$688
Consortial -~$14,000 total, split between CULs for first year. $20,000 total years 2+.
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