The Olympics Oversight Committee will look at all aspects of 2012 and report back to David Cameron

Sir John Ritblatt, the former chairman and chief executive of British Land is chairing a new committee set up by the Conservative party to scrutinise the London 2012 Olympic games.

The Olympics Oversight Committee will look at a range of areas concerning the Olympics and report back to Conservative leader David Cameron.

2012 Olympic masterplan

Other members of the committee include Lord Stevens, the former commission of the Metropolitan Police who will examine the security budget. Ronald Barrot, chief executive of property developers Aldar is also sitting on the committee with other members to be announced shortly.

Hugh Robertson, shadow sports minister, said: “The Olympics are great for London, great for Britain and a great opportunity for all of us."

“We've got to get this right. An incoming Conservative government will make delivering a successful Olympic Games central to our agenda. We can't afford to waste time. That's why today I'm announcing the creation of the Olympics Oversight Committee to advise me.”

The key areas for the committee are:

  • Monitoring the construction programme: costs, timetable, and delivery
  • Scrutinising the overall budget and making sure costs are kept under control
  • Security: on-site, in-Games and wider London security needs connected to the Games
  • Regeneration: maximising the positive benefits of the Games and providing the best value for money for the taxpayer
  • Mass participation in sport. Using the Olympics to boost participation in sport at all levels was a key pledge of our winning bid and there needs to be a strategy in place now to ensure a lasting legacy
  • Ensuring ‘London 2012’ are the ‘Green games’.