.A significant decline in molecular iodine concentration is associated with the iodination of heavily contaminant-laden process water streams such as humidity condensate and urine distillate. Iodine loss is attributable to the reaction of this biocide with organic constituents. This phenomenon has been investigated using time resolved molecular absorption spectrophotometry of iodinated ersatz humidity condensates and iodinated ersatz urine distillates across the ultraviolet and visible spectral regions. Rates of iodine loss have also been studied using single contaminant systems at equivalent concentrations. The predominant reactive species have been identified as thiourea and formic acid. Pseudo-first order rate constants have been determined for ersatz contaminant model mixtures and for individual reactive constituents. Second order rate constants have been determined for the bimolecular reaction of iodine and formic acid. Temperature and concentration dependencies of reaction rates are discussed.