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Collection Evaluation and Valuation

Collection Evaluation

The collections are regularly reviewed for relevance and currency, via a range of mechanisms, including Faculty Librarians' evaluation of their disciplines and of the Reference Collections, Materials Availability Surveys, academic staff review and selections for purchase, and Information Resources reviews for relegation and withdrawal of little-used and/ or irreparable materials.

Valuation

The Library's resources are valued annually for insurance replacement cost purposes.

To calculate replacement costs for the collections, an average price per item for the Auchmuty and Huxley libraries is derived from the INNOPAC management system. A processing cost covering acquisition, cataloguing and physical processing is added to the base cost of the items. For the Music Library, and Archives and Special Collections, the average cost per item is derived separately.

Furniture, equipment, and shelving are also costed. Costs are not included for leased items (e.g. photocopiers) or for computer laboratories housed within.

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