The following shall constitute grounds for the revocation of a license:
(A) Cancellation of or failure to maintain the bond required under § 150.22.
(B) Cancellation of or failure to maintain the insurance coverage required under § 150.23.
(C) Failure to pay the license and/or renewal fees under § 150.21.
(D) Violation of any provision of this code of ordinances or any other ordinance of the town, or state or federal laws related to the work or services performed by the contractor, including but not limited to a violation of § 150.40.
(E) Failure to correct any red card or inspection violation within the required time frame and/or proceeding with a project in violation of any red card inspection notice.
(F) Fraud and/or misrepresentation of any fact as set forth in the application for license and/or any supplements thereto.
(G) Gross negligence or gross incompetency while engaged in the business of acting in the capacity of a contractor or subcontractor within the meaning of this subchapter.
(H) Aiding, abetting or knowingly combining or conspiring with an unlicensed person with the intent to evade the provisions of this subchapter.
(I) Abandonment without legal excuse of any construction project or operation engaged in or undertaken as contractor or subcontractor.
(J) Diversion of funds or property received for a specified purpose, and for the purpose and prosecution or completion of any construction project or operation, and the application or use of such funds for any other project or operation, obligation or purpose with the intent to defraud or deceive creditors or the owners.
(K) Willful departure from or disregard of plans or specifications in any material respect, without the consent of the person entitled to have the particular construction or operation completed.
(L) The doing of any willful or fraudulent act as contractor or subcontractor as a consequence of which another is substantially injured.
(M) Disregarding a stop work order which has been issued for violation of ordinances or the building codes or laws; provided, when a contract has been executed or commenced, the contractor may proceed, nevertheless, to complete the contract on the condition that he or she will make the necessary adjustments and repairs.
(N) Conviction of a felony for obtaining money under false pretenses, extortion, forgery, embezzlement, criminal conspiracy to defraud, or other like offense; and if a duly certified or exemplified copy of the record of conviction in the proceeding is filed with the Board, the Board shall revoke the license.
(Ord. 2010-02, passed 6-28-10)