The ODA exists currently as an interim organisation, but the forthcoming London Olympics Bill is expected to be given Royal Assent and make it an official body within the next two months.
Smith is credited with steering Number 10 through the Hutton Inquiry and was tipped to quit his role in 2004 before Tony Blair persuaded him to stay.
The ODA is charged with creating the roads, railways and venues for the 2012 Games. It will begin the search for a permanent director of comms next week.
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