The London 2012 organising committee has announced a new initiative to help businesses source information on working with the 2012 Olympic and Paralympic Games.

A new dedicated section on the London 2012 website has been launched, which offers the latest news on the Games and a free registration service which allows businesses to receive regular email updates.

Other features of the new business section include articles on issues of interest to commercial organisations, the publication of tender documents, and key appointments.

David Higgins, chief executive of the Olympic Delivery Authority (ODA), said: "I want to reassure businesses that they have not missed the boat when it comes to contracts for 2012. The vast majority have yet to be tendered as the construction work begins in earnest in 2008."

The four teams bidding for the role of delivery partner for the Games have delivered their final presentations to the ODA and include many of the biggest construction and engineering companies in Britain: Bovis Lend Lease, Laing O'Rourke, Amec, Balfour Beatty, Davis Langdon and Capita Symonds.

However, an American company, Bechtel – mounting a solo bid – which is thought to be a frontrunner, due to the convenience of dealing with a single firm, although concerns have been raised about whether it would send a positive message about the UK construction industry.

The winner of the bid is expected to be announced within the next few weeks. Details: http://www.london2012.org/en/gettinginvolved/Business/