§ 40-27. Limitations of actions.

(a) In general.

Except as provided in subsection (b) of this section, debarment proceedings under this title must be instituted within 5 years after:

(1) the conviction or judgment that constitutes cause for debarment has become final;

(2) the admission that constitutes cause for debarment has been made; or

(3) the occurrence of any other event that constitutes a cause for debarment.

(b) Extension of time.

Debarment proceedings may be brought after the period set forth in subsection (a) of this section if they are instituted within 1 year of when the Board discovered or, by the exercise of ordinary diligence, should have discovered the grounds for debarment.