David Higgins, Chief Executive of the Olympic Delivery AuthoritySpeaking at the London Assembly, Higgins emphasised the importance of planning ahead in order to keep costs low and deliver on time.
He said the ODA's programme timeline will be announced in July, providing target start and finish dates for Games venues.
The Delivery Partner responsible for the construction and infrastructure work will be announced in August.
Higgins said: "In the first six months we have hit our major milestones. It is essential that we maintain this momentum.
"It is by putting the right building blocks in place at the start of the process, by having clarity and certainty through timely decision making that you are best able to bear down on cost and delay.
"With the Olympic Games and Paralympic Games there can be no Plan B. The Games will start on 27 July, 2012, so it is vital that we plan for success."
14 June 2006
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