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In this session, we will examine the key characteristics that define grants and cooperative agreements. We will discuss their common uses and how government contractors have used this type of funding in the past to their advantage. We will also navigate the various regulatory frameworks that govern grants and cooperative agreements, including 2 CFR 200 (Uniform Guidance).

Learning Objectives
  • By the end of this session, students will understand the regulatory framework and key characteristics that separate contracts, grants, and cooperative agreements.
  • They will also have an understanding of the advantages that grants and cooperative agreements can provide to their organization. 
About Our Experts
  • Dan Durst
    Managing Director, BDO
    Dan Durst is a Managing Director in BDO’s Industry Specialty Services Group. He advises organizations on a wide range of accounting and compliance issues related to Federal government contracts, grants, and cooperative agreements. His areas of expertise include Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal awards to non-Federal entities (2 CFR 200/Uniform Guidance), Cost Accounting Standards (CAS), Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and Defense Grant and Agreement Regulatory System (DGARS). Dan is also well-versed in various levels of audit support including Business System Reviews, Single Audit, and Inspector General audits.

    Dan’s industry experience includes Government Contracting, Nonprofit, and Education. Dan has assisted clients with Business Systems Compliance, Policy and Procedure Development, In-House Training, Indirect Cost Rate Proposal Development, Indirect Rate Structure Assessment, Subrecipient Monitoring Support, Audit Support and Risk Assessment, Audit Findings Remediation, Procurement System Compliance, Internal Controls Assessment, Forensic Investigations, and other regulatory compliance matters. Dan is also a frequent lecturer on Federal grants and contracts compliance for industry-recognized training organizations such as Federal Publications Seminars and Thompson Grants.

    Dan was an audit supervisor and lead consultant for Clarke Leiper PLLC, a member of the AICPA’s Government Audit Quality Center. Dan has previously held security clearances with the U.S. Department of Defense, including Secret Clearance. While contracted by the U.S. Department of State Dan conducted audits and analysis at the U.S. Embassies in 19 foreign countries. Dan has supervised and performed several Single Audits under both OMB A-133 and the new Uniform Guidance, Subpart F.
    Dan attended George Mason University where he earned a Bachelor of Science degree in Accounting with a minor in Information Technology, he later returned to George Mason University and earned a Master of Business Administration with a concentration in Accounting.
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