diff --git a/README.md b/README.md
index c64079d3..04060a40 100644
--- a/README.md
+++ b/README.md
@@ -94,7 +94,7 @@ You need the following permissions to run this module.
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >=1.3, <1.6.0 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >=1.3, <1.7.0 |
 | <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >=1.61.0, <2.0.0 |
 
 ### Modules
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/default/versions.tf b/examples/default/versions.tf
index efc1a171..e5691ec2 100644
--- a/examples/default/versions.tf
+++ b/examples/default/versions.tf
@@ -3,7 +3,7 @@
 ##############################################################################
 
 terraform {
-  required_version = ">= 1.3.0, <1.6.0"
+  required_version = ">= 1.3.0, <1.7.0"
   required_providers {
     ibm = {
       source = "IBM-Cloud/ibm"
diff --git a/examples/every-mt-vpe/versions.tf b/examples/every-mt-vpe/versions.tf
index eda1bf8c..888ee109 100644
--- a/examples/every-mt-vpe/versions.tf
+++ b/examples/every-mt-vpe/versions.tf
@@ -3,7 +3,7 @@
 ##############################################################################
 
 terraform {
-  required_version = ">= 1.3.0, <1.6.0"
+  required_version = ">= 1.3.0, <1.7.0"
   required_providers {
     ibm = {
       source = "IBM-Cloud/ibm"
diff --git a/versions.tf b/versions.tf
index a0bb1e5f..a5e81528 100644
--- a/versions.tf
+++ b/versions.tf
@@ -10,7 +10,7 @@ terraform {
       version = ">=1.61.0, <2.0.0"
     }
   }
-  required_version = ">=1.3, <1.6.0"
+  required_version = ">=1.3, <1.7.0"
 }
 
 ##############################################################################