diff --git a/setup.py b/setup.py
index 3bd2edad5..708fbb320 100644
--- a/setup.py
+++ b/setup.py
@@ -15,7 +15,10 @@
     long_description_content_type="text/markdown",
     url="https://github.com/algorand/pyteal",
     packages=setuptools.find_packages(),
-    install_requires=["py-algorand-sdk", "semantic-version"],
+    install_requires=[
+        "py-algorand-sdk>=1.9.0,<2.0.0",
+        "semantic-version>=2.9.0,<3.0.0",
+    ],
     classifiers=[
         "Programming Language :: Python :: 3",
         "License :: OSI Approved :: MIT License",