Members of the International Olympic Committee (IOC) will hold an extraordinary session after presentations by the campaign teams for Los Angeles and Paris, battling for the right to succeed 2020 hosts Tokyo and stage the Games in seven years' time.
Last month IOC bosses backed a plan to award both the 2024 and 2028 Games together, with the recommendation expected to be backed by a vote at their Swiss headquarters on Tuesday.
IOC president Thomas Bach opened a ground-breaking week for the Olympic movement on Sunday by telling IOC top brass: "We'll have some interesting days in Lausanne. Some very important decisions will be taken. More decisions will be made in Lima."
Both Paris, whose delegation is being led by French President Emmanuel Macron, and Los Angeles will present their bids to the IOC on Tuesday.
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Last week the IOC Evaluation Commission report lavished praise on both bidding cities, stating there was "very little to separate" the two rivals.
"Members of the Evaluation Commission have used the terms 'forward-looking', 'innovative', 'vibrant' and 'cool' to describe the Los Angeles candidature, and 'historical', 'cultural', 'iconic' and 'amazing backdrops' for that of Paris," said Patrick Baumann, IOC member and chair of the 2024 Evaluation Commission.
The IOC report noted that in line with the reforms of Olympic Agenda 2020, both Los Angeles and Paris are planning to use a record number of existing and temporary venues, a first in Olympic history and a move designed to cut costs and boost sustainability.
Bach said the proposal to award the two Games had been "unanimously" endorsed, adding the IOC had a "golden opportunity" with two "great cities" competing for 2024 and did not want to turn either away, particularly at a time when interest in hosting Olympics has faded, with cities increasingly reluctant to take on the vast expense.
Pierre de Coubertin, the founder of the modern Olympics, had pushed for the joint awarding as the world, and Europe in particular, struggled to rebound after the devasting First World War.