The present work uncovers the oxidative transformations of a recently reported polypyridyl phosphonate−phenoxo Ru-based water oxidation catalyst [Ru III (tPaO-κ-N 2 O P O C )(py) 2 ] 2− , 2 2− {tPaO 5− is the 3-(hydroxo-[2,2′:6′,2″-terpyridine]-6,6″-diyl)bis-(phosphonate)}, under turnover conditions. We show how the catalyst 2 2− suffers from oxidative degradation during water oxidation catalysis and generates the phosphonate−carboxylate Ru complex [Ru II (Hbpc)(py) 2 ], 3H, where bpc 3− is 6′-phosphonato-[2,2′bipyridine]-6-carboxylate. Complex 3H has been prepared by three different methods, and its oxidative transformations were also studied in detail. Under turnover conditions, complex 3H undergoes a series of transformations that can be monitored by electrochemical techniques including the generation of catalytically active molecular water oxidation catalyst intermediates and RuO 2 . In addition, catalytically inactive species such as [Ru II (bpc-κ-N 2 O P ) 2 ] have also been detected.