diff --git a/CHANGELOG.md b/CHANGELOG.md
index 60d4f212..210c74d7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,19 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 Extending the adopted spec, each change should have a link to its corresponding pull request appended.
 
+## [17.0.0](https://github.com/terraform-google-modules/terraform-google-project-factory/compare/v16.0.1...v17.0.0) (2024-09-10)
+
+
+### ⚠ BREAKING CHANGES
+
+* deletion_policy PREVENT as default ([#940](https://github.com/terraform-google-modules/terraform-google-project-factory/issues/940))
+* **TPG>=5.41:** add deletion_policy ([#938](https://github.com/terraform-google-modules/terraform-google-project-factory/issues/938))
+
+### Features
+
+* deletion_policy PREVENT as default ([#940](https://github.com/terraform-google-modules/terraform-google-project-factory/issues/940)) ([1c1e018](https://github.com/terraform-google-modules/terraform-google-project-factory/commit/1c1e018457468776f84311d56c970579f124f66e))
+* **TPG>=5.41:** add deletion_policy ([#938](https://github.com/terraform-google-modules/terraform-google-project-factory/issues/938)) ([b0ed8a5](https://github.com/terraform-google-modules/terraform-google-project-factory/commit/b0ed8a5c84ff92dbb9f78cae575dfda3b8eb5335))
+
 ## [16.0.1](https://github.com/terraform-google-modules/terraform-google-project-factory/compare/v16.0.0...v16.0.1) (2024-08-28)
 
 
diff --git a/README.md b/README.md
index d9231289..e152dce1 100644
--- a/README.md
+++ b/README.md
@@ -29,7 +29,7 @@ There are multiple examples included in the [examples](./examples/) folder but s
 ```hcl
 module "project-factory" {
   source  = "terraform-google-modules/project-factory/google"
-  version = "~> 16.0"
+  version = "~> 17.0"
 
   name                 = "pf-test-1"
   random_project_id    = true
diff --git a/metadata.yaml b/metadata.yaml
index 8b353f2b..9fd96462 100644
--- a/metadata.yaml
+++ b/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>=0.13.0'
diff --git a/modules/budget/metadata.yaml b/modules/budget/metadata.yaml
index c58f3446..a45a3c9c 100644
--- a/modules/budget/metadata.yaml
+++ b/modules/budget/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>= 0.13'
diff --git a/modules/budget/versions.tf b/modules/budget/versions.tf
index 77a54476..b12a3105 100644
--- a/modules/budget/versions.tf
+++ b/modules/budget/versions.tf
@@ -25,9 +25,9 @@ terraform {
   }
 
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:budget/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:budget/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:budget/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:budget/v17.0.0"
   }
 }
diff --git a/modules/essential_contacts/metadata.yaml b/modules/essential_contacts/metadata.yaml
index c6f2055d..c1e2dda6 100644
--- a/modules/essential_contacts/metadata.yaml
+++ b/modules/essential_contacts/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>= 0.13'
diff --git a/modules/essential_contacts/versions.tf b/modules/essential_contacts/versions.tf
index a3b93b74..5e1a2681 100644
--- a/modules/essential_contacts/versions.tf
+++ b/modules/essential_contacts/versions.tf
@@ -27,9 +27,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:essential_contacts/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:essential_contacts/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:essential_contacts/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:essential_contacts/v17.0.0"
   }
 }
diff --git a/modules/fabric-project/metadata.yaml b/modules/fabric-project/metadata.yaml
index 15503c70..f74208b3 100644
--- a/modules/fabric-project/metadata.yaml
+++ b/modules/fabric-project/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>= 0.13'
diff --git a/modules/fabric-project/versions.tf b/modules/fabric-project/versions.tf
index df48321a..f961031b 100644
--- a/modules/fabric-project/versions.tf
+++ b/modules/fabric-project/versions.tf
@@ -24,9 +24,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:fabric-project/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:fabric-project/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:fabric-project/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:fabric-project/v17.0.0"
   }
 }
diff --git a/modules/gsuite_enabled/README.md b/modules/gsuite_enabled/README.md
index 101f185e..d044cba3 100644
--- a/modules/gsuite_enabled/README.md
+++ b/modules/gsuite_enabled/README.md
@@ -10,7 +10,7 @@ There are multiple examples included in the [examples] folder but simple usage i
 ```hcl
 module "project-factory" {
   source = "terraform-google-modules/project-factory/google//modules/gsuite_enabled"
-  version = "~> 16.0"
+  version = "~> 17.0"
 
   billing_account   = "ABCDEF-ABCDEF-ABCDEF"
   create_group      = true
diff --git a/modules/gsuite_enabled/metadata.yaml b/modules/gsuite_enabled/metadata.yaml
index b49a9b6f..b37a93db 100644
--- a/modules/gsuite_enabled/metadata.yaml
+++ b/modules/gsuite_enabled/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>= 0.13'
diff --git a/modules/gsuite_enabled/versions.tf b/modules/gsuite_enabled/versions.tf
index 4ea205df..ca23503b 100644
--- a/modules/gsuite_enabled/versions.tf
+++ b/modules/gsuite_enabled/versions.tf
@@ -31,9 +31,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:gsuite_enabled/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:gsuite_enabled/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:gsuite_enabled/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:gsuite_enabled/v17.0.0"
   }
 }
diff --git a/modules/project_services/README.md b/modules/project_services/README.md
index 5e76872e..90eba61a 100644
--- a/modules/project_services/README.md
+++ b/modules/project_services/README.md
@@ -21,7 +21,7 @@ APIs without knowing it. Therefore, it is recommended to avoid using
 ```
 module "project-services" {
   source  = "terraform-google-modules/project-factory/google//modules/project_services"
-  version = "~> 16.0"
+  version = "~> 17.0"
 
   project_id                  = "my-project-id"
 
diff --git a/modules/project_services/metadata.yaml b/modules/project_services/metadata.yaml
index 2c4b2ba7..e248f2c5 100644
--- a/modules/project_services/metadata.yaml
+++ b/modules/project_services/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>= 0.13'
diff --git a/modules/project_services/versions.tf b/modules/project_services/versions.tf
index 18625090..df1f1f6e 100644
--- a/modules/project_services/versions.tf
+++ b/modules/project_services/versions.tf
@@ -27,9 +27,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:project_services/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:project_services/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:project_services/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:project_services/v17.0.0"
   }
 }
diff --git a/modules/shared_vpc_access/metadata.yaml b/modules/shared_vpc_access/metadata.yaml
index b4bbb3ce..381a67af 100644
--- a/modules/shared_vpc_access/metadata.yaml
+++ b/modules/shared_vpc_access/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>= 0.13'
diff --git a/modules/shared_vpc_access/versions.tf b/modules/shared_vpc_access/versions.tf
index ba436c4a..2486c8ac 100644
--- a/modules/shared_vpc_access/versions.tf
+++ b/modules/shared_vpc_access/versions.tf
@@ -27,9 +27,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:shared_vpc_access/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:shared_vpc_access/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:shared_vpc_access/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:shared_vpc_access/v17.0.0"
   }
 }
diff --git a/modules/svpc_service_project/README.md b/modules/svpc_service_project/README.md
index b70be3f8..ae47b59c 100644
--- a/modules/svpc_service_project/README.md
+++ b/modules/svpc_service_project/README.md
@@ -7,7 +7,7 @@ The advantage of using this module over the root module, is being able to provis
 ```hcl
 module "service-project" {
   source  = "terraform-google-modules/project-factory/google//modules/svpc_service_project"
-  version = "~> 16.0"
+  version = "~> 17.0"
 
   name                = "pf-test-1"
   random_project_id   = true
diff --git a/modules/svpc_service_project/metadata.yaml b/modules/svpc_service_project/metadata.yaml
index 80862d98..c4aad930 100644
--- a/modules/svpc_service_project/metadata.yaml
+++ b/modules/svpc_service_project/metadata.yaml
@@ -23,7 +23,7 @@ spec:
   source:
     repo: https://github.com/terraform-google-modules/terraform-google-project-factory.git
     sourceType: git
-  version: 16.0.1
+  version: 17.0.0
   actuationTool:
     type: Terraform
     version: '>=0.13.0'
diff --git a/modules/svpc_service_project/versions.tf b/modules/svpc_service_project/versions.tf
index 7531e6b2..36ea3eeb 100644
--- a/modules/svpc_service_project/versions.tf
+++ b/modules/svpc_service_project/versions.tf
@@ -27,9 +27,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:svpc_service_project/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:svpc_service_project/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory:svpc_service_project/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory:svpc_service_project/v17.0.0"
   }
 }
diff --git a/versions.tf b/versions.tf
index 888770ea..3a5d2676 100644
--- a/versions.tf
+++ b/versions.tf
@@ -27,9 +27,9 @@ terraform {
     }
   }
   provider_meta "google" {
-    module_name = "blueprints/terraform/terraform-google-project-factory/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory/v17.0.0"
   }
   provider_meta "google-beta" {
-    module_name = "blueprints/terraform/terraform-google-project-factory/v16.0.1"
+    module_name = "blueprints/terraform/terraform-google-project-factory/v17.0.0"
   }
 }