diff --git a/README.md b/README.md
index 5cc498b..baf28bd 100644
--- a/README.md
+++ b/README.md
@@ -70,7 +70,7 @@ You need the following permissions to run this module.
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.3.0, <1.6.0 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.3.0, <1.7.0 |
 | <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.51.0 |
 
 ### Modules
diff --git a/common-dev-assets b/common-dev-assets
index 9932ccd..ad28982 160000
--- a/common-dev-assets
+++ b/common-dev-assets
@@ -1 +1 @@
-Subproject commit 9932ccdc5b47892639ac96b751969595c41067d6
+Subproject commit ad28982e3b7f0ba1d9d4ccd916f17a8f85d2049a
diff --git a/examples/basic/version.tf b/examples/basic/version.tf
index 9bc6acd..92fa3f6 100644
--- a/examples/basic/version.tf
+++ b/examples/basic/version.tf
@@ -1,5 +1,5 @@
 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/version.tf b/version.tf
index dbf03e5..9ada504 100644
--- a/version.tf
+++ b/version.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = ">= 1.3.0, <1.6.0"
+  required_version = ">= 1.3.0, <1.7.0"
   required_providers {
     # Use "greater than or equal to" range in modules
     ibm = {