This work presents the development of a test program and the results from the final round of testing to better understand the effect a submerged anchor installation has on the pullout strength of epoxy anchors. Two different epoxies were tested at embedment depths of two, four, and six bar diameters. These tests utilized three distinct installation procedures under dry and submerged conditions. The testing program occurred over five phases, with the final round used in analysis consisting of 24 anchor pullout tests. These tests showed that the presence of water did not have an effect on the epoxy bond when anchor holes were cleaned dry and installed underwater, but it did have a significant impact on the ability to consistently clean each anchor when it was submerged.