The Federal Aviation Administration is funding the construction of a new $1.8 billion airport on the Gulf Coast of Louisiana, but the government isn’t paying for it with federal tax dollars.
The money is coming from a separate $1 billion federal grant program that pays contractors to construct the airport, according to a news release.
The FAA’s Transportation Security Administration (TSA) was supposed to pay for the airport but did not provide that money to the contractor, the agency said in a statement to CNNMoney.
The agency has already spent more than $2 billion on the airport and a host of other projects.
The new airport is set to open in 2020.
In addition to the airport’s $1 million fee, the FAA is giving the contractor $1,800 per hour for every hour worked.
The contractor will get to keep about a third of the $1-billion cost, the statement said.
The airport is expected to open to commercial air traffic within 10 years.
The news agency reported that the government has already paid $100 million in total.
Construction is expected beginning in 2020, but not complete until 2021, the Associated Press reported.
The TSA said it has approved a $4 billion contract for the facility and that it will continue to work with contractors on the project.