The two-phase reaction of NabMs (LOM~-= [(?s-C~H~)Co(P(0)(OCH3)213]-) in 1% H2SO4 with Ru04 in C C 4 affords the edge-sharing octahedral dimer [(LoM~)(HO)RU~(~-O)~RU~~(OH)(LOM~)] which is diprotonated by aqueous CF3SO3H to the corresponding salt [(~M~)(H~O)RU~~(~-O)ZRU~~(OH~)(LOM~)] [CF3S03]2. This dimer salt is oxidized by C6HJO in CH3CN to [(LoM~)(~)Ru~(c~-O)~RU~(O)(LOM~)] and reduced by alcohols, aldehydes, or triphenylphosphine in CH3CN to [(LOM~)(CH~CN)RUI~~(~-OH)~RU~I~(NCCH~)(LOM~)] [CF3S0312. In buffered aqueous solution, the diprotonated RuIV-RuW dimer reacts with formaldehyde to afford a triply bridged dimer, [(LOM~)RU~~~(L(-OH)~(L(-HCOO)RU~~~(LOM.)] [CF,S03]. The latter reaction appears to be autocatalytic via an inner-sphere mechanism. The RuI1I-Ru1If formate adduct is oxidized by AgCF3SO3 to the RuIv-RuIV analog [ (LoM~)Ru~~(~-~)~(c~-HCOO)RU~~(L~~,)] [CFpSO3], which slowly reacts with aqueous formaldehyde to regenerate the Ru1II-RuII1 adduct and free formate. The dimeric system in aqueous solution functions as an electrocatalyst for the oxidation of formaldehyde at low anodic potentials (near 0.0 V versus SCE at pH 8.5). Both RuIII-RuIII dimers have been characterized by X-ray crystallography. Crystal data: [ (LoM~) ( C H~C N ) R U~I~(~-O H )~-A, c = 13.457(3) A, a = 71.32(2)', /3 = 85.35(2)', y = 80.01(3)O, V = 1328.9(6) A3, 2 = 2, R(Fo) = 0.040; [ (LOM~)RU~~~(~-OH)~(CC-HCO~)RU~~~(LOM~)] [ CF3SO3]*2H20, R u~C O Z C~~H~~~Z~P~S F~, monoclinic, P21/n, with a = 14.356(2) A, b = 23.839(6) A, c = 15.284(3) A, /3= 115.44(1)', V -4723.5(18) A3, Z = 4, R(Fo) = 0.033. RU111(NCCH3)(Lo~,)] [CF3SO3]2, R U~C O~C~E H~, O~~N~P~S~F~, triclinic, Pi, with a = 8.626(3) A, b = 12.275(2)