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Several states have consumer protection boards set up for just this sort of thing. I know because I filed a complaint in CT against a contractor who did faulty work.

My complaint along with a few others were compiled, leading to a hearing where his license was revoked. Additionally, the state had a fund set aside for people who lose money on shoddy work (up to 15K). We were one of the lucky ones, as he only cost us $3K (which we got back). Others lost 10-20K.

Bringing it around to the topic at hand, a code inspector for 'code' is an interesting idea. That said, I'm okay with devs/agencies being held accountable for their coding work -- as long as clients are likewise held accountable for paying on time, proper briefs, etc.