diff --git a/README.md b/README.md
index 9db43173..f9705832 100644
--- a/README.md
+++ b/README.md
@@ -132,7 +132,7 @@ You need the following permissions to run this module.
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.4.0, <1.6.0 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.4.0, <1.7.0 |
 | <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.56.1, < 2.0.0 |
 | <a name="requirement_random"></a> [random](#requirement\_random) | >= 3.5.1, < 4.0.0 |
 | <a name="requirement_time"></a> [time](#requirement\_time) | >= 0.9.1, < 1.0.0 |
diff --git a/common-dev-assets b/common-dev-assets
index 9932ccdc..ad28982e 160000
--- a/common-dev-assets
+++ b/common-dev-assets
@@ -1 +1 @@
-Subproject commit 9932ccdc5b47892639ac96b751969595c41067d6
+Subproject commit ad28982e3b7f0ba1d9d4ccd916f17a8f85d2049a
diff --git a/examples/advanced/version.tf b/examples/advanced/version.tf
index 0a324827..b1934b03 100644
--- a/examples/advanced/version.tf
+++ b/examples/advanced/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Ensure that there is always 1 example locked into the lowest provider version of the range defined in the main
   # module's version.tf (basic example), and 1 example that will always use the latest provider version (this example).
diff --git a/examples/basic/version.tf b/examples/basic/version.tf
index eaf88eb3..e187bf89 100644
--- a/examples/basic/version.tf
+++ b/examples/basic/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Ensure that there is always 1 example locked into the lowest provider version of the range defined in the main
   # module's version.tf (this example), and 1 example that will always use the latest provider version (advanced and fscloud examples).
diff --git a/examples/fscloud/version.tf b/examples/fscloud/version.tf
index 0a324827..b1934b03 100644
--- a/examples/fscloud/version.tf
+++ b/examples/fscloud/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Ensure that there is always 1 example locked into the lowest provider version of the range defined in the main
   # module's version.tf (basic example), and 1 example that will always use the latest provider version (this example).
diff --git a/examples/one-rate-plan/version.tf b/examples/one-rate-plan/version.tf
index eaf88eb3..e187bf89 100644
--- a/examples/one-rate-plan/version.tf
+++ b/examples/one-rate-plan/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Ensure that there is always 1 example locked into the lowest provider version of the range defined in the main
   # module's version.tf (this example), and 1 example that will always use the latest provider version (advanced and fscloud examples).
diff --git a/examples/replication/version.tf b/examples/replication/version.tf
index eaf88eb3..e187bf89 100644
--- a/examples/replication/version.tf
+++ b/examples/replication/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Ensure that there is always 1 example locked into the lowest provider version of the range defined in the main
   # module's version.tf (this example), and 1 example that will always use the latest provider version (advanced and fscloud examples).
diff --git a/modules/buckets/README.md b/modules/buckets/README.md
index d72435e0..f78669d9 100644
--- a/modules/buckets/README.md
+++ b/modules/buckets/README.md
@@ -61,7 +61,7 @@ You need the following permissions to run this module.
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.4.0, <1.6.0 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.4.0, <1.7.0 |
 | <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.56.1, < 2.0.0 |
 
 ### Modules
diff --git a/modules/buckets/version.tf b/modules/buckets/version.tf
index 4ab7100f..f7e9506e 100644
--- a/modules/buckets/version.tf
+++ b/modules/buckets/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Use a flexible range in modules that future proofs the module's usage with upcoming minor and patch versions
   required_providers {
diff --git a/modules/fscloud/README.md b/modules/fscloud/README.md
index ba916c88..9269ae13 100644
--- a/modules/fscloud/README.md
+++ b/modules/fscloud/README.md
@@ -75,7 +75,7 @@ module "cos_fscloud" {
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.4.0, <1.6.0 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.4.0, <1.7.0 |
 | <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.56.1, <2.0.0 |
 
 ### Modules
diff --git a/modules/fscloud/version.tf b/modules/fscloud/version.tf
index c41cb5f0..48a6ec72 100644
--- a/modules/fscloud/version.tf
+++ b/modules/fscloud/version.tf
@@ -2,7 +2,7 @@
 # Terraform Version
 ##############################################################################
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
   required_providers {
     # tflint-ignore: terraform_unused_required_providers
     ibm = {
diff --git a/version.tf b/version.tf
index 4cff8a7c..c7bc5acc 100644
--- a/version.tf
+++ b/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.4.0, <1.6.0"
+  required_version = ">= 1.4.0, <1.7.0"
 
   # Use a flexible range in modules that future proofs the module's usage with upcoming minor and patch versions
   required_providers {