Sounds like an untapped market. Do you know what the leak detection guys use? Maybe there is something commercially on the market that is available, other than that it sounds like a homemade job is in order. ITs almost like you need one of those small taylor test kit bottles filled with red dye on the end of a long pole with a mechanism to trigger it underwater...
How about modifying one of those camera lens cleaner puffer things, you know the ones that have that brush on one end and the bladder you squeeze on the other end. You could take the brush off and fit a thin clear tube to the end (like those fish aquairium pump tubes) then you could get one of those above mentioned test bottles, put a hole in the bottom and attach the other end of the tube to it, seal it and fill the bottle with red dye tape it on the end of a long broom handle and voila, you have a way to deliver dye at a distance, and the bottle tip should only meter out a small amount of dye when you squeeze the bladder.
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