diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index d6f2489ee..676a7eda8 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,11 +1,5 @@
 [bumpversion]
-current_version = 1.2.0
-
-# `parse` allows parsing the version into the parts we need to check.  There are some
-# unnamed groups and that's okay because they do not need to be audited.  If any part
-# of the version passed and does not match the regex, it will fail.
-# expected matches: `1.5.0`, `1.5.0a1`, `1.5.0a1.dev123457+nightly`
-# excepted failures: `1`, `1.5`, `1.5.2-a1`, `text1.5.0`
+current_version = 1.2.1
 parse = (?P<major>[\d]+) # major version number
 	\.(?P<minor>[\d]+) # minor version number
 	\.(?P<patch>[\d]+) # patch version number
diff --git a/.changes/1.2.1.md b/.changes/1.2.1.md
new file mode 100644
index 000000000..f63944904
--- /dev/null
+++ b/.changes/1.2.1.md
@@ -0,0 +1,10 @@
+## dbt-bigquery 1.2.1 - March 16, 2023
+
+### Fixes
+
+- Fix failing test by removing no erroneous asserts. ([#605](https://github.com/dbt-labs/dbt-bigquery/issues/605))
+
+### Under the Hood
+
+- backport changie to 1.2.latest ([#254](https://github.com/dbt-labs/dbt-bigquery/issues/254))
+- fix issue with tox 4.0.0 release which changes passenv syntax for space-separated variables ([#411](https://github.com/dbt-labs/dbt-bigquery/issues/411))
diff --git a/.changes/unreleased/Fixes-20230315-130504.yaml b/.changes/unreleased/Fixes-20230315-130504.yaml
deleted file mode 100644
index 5229dca17..000000000
--- a/.changes/unreleased/Fixes-20230315-130504.yaml
+++ /dev/null
@@ -1,6 +0,0 @@
-kind: Fixes
-body: Fix failing test by removing no erroneous asserts.
-time: 2023-03-15T13:05:04.747323-07:00
-custom:
-  Author: versusfacit
-  Issue: "605"
diff --git a/.changes/unreleased/Under the Hood-20220805-153928.yaml b/.changes/unreleased/Under the Hood-20220805-153928.yaml
deleted file mode 100644
index 2e45e9e8c..000000000
--- a/.changes/unreleased/Under the Hood-20220805-153928.yaml	
+++ /dev/null
@@ -1,7 +0,0 @@
-kind: Under the Hood
-body: backport changie to 1.2.latest
-time: 2022-08-05T15:39:28.259823-05:00
-custom:
-  Author: mcknight-42
-  Issue: "254"
-  PR: "255"
diff --git a/.changes/unreleased/Under the Hood-20221207-151813.yaml b/.changes/unreleased/Under the Hood-20221207-151813.yaml
deleted file mode 100644
index 32084a6a7..000000000
--- a/.changes/unreleased/Under the Hood-20221207-151813.yaml	
+++ /dev/null
@@ -1,8 +0,0 @@
-kind: Under the Hood
-body: fix issue with tox 4.0.0 release which changes passenv syntax for space-separated
-  variables
-time: 2022-12-07T15:18:13.996118-06:00
-custom:
-  Author: McKnight-42
-  Issue: "411"
-  PR: "411"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 52daf3cd0..cad2351dd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,20 @@
 - Changes are listed under the (pre)release in which they first appear. Subsequent releases include changes from previous releases.
 - "Breaking changes" listed under a version may require action from end users or external maintainers when upgrading to that version.
 - Do not edit this file directly. This file is auto-generated using [changie](https://github.com/miniscruff/changie). For details on how to document a change, see [the contributing guide](https://github.com/dbt-labs/dbt-bigquery/blob/main/CONTRIBUTING.md#adding-changelog-entry)
+
+## dbt-bigquery 1.2.1 - March 16, 2023
+
+### Fixes
+
+- Fix failing test by removing no erroneous asserts. ([#605](https://github.com/dbt-labs/dbt-bigquery/issues/605))
+
+### Under the Hood
+
+- backport changie to 1.2.latest ([#254](https://github.com/dbt-labs/dbt-bigquery/issues/254))
+- fix issue with tox 4.0.0 release which changes passenv syntax for space-separated variables ([#411](https://github.com/dbt-labs/dbt-bigquery/issues/411))
+
+
+
 ## dbt-bigquery 1.2.0 - July 26, 2022
 
 ### Features
@@ -24,6 +38,7 @@
 ### Contributors
 - [@robomill](https://github.com/robomill) ([#172](https://github.com/dbt-labs/dbt-bigquery/pull/172))
 - [@dbeatty10](https://github.com/dbeatty10) ([#192](https://github.com/dbt-labs/dbt-bigquery/pull/192)
+
 ## Previous Releases
 For information on prior major and minor releases, see their changelogs:
 - [1.1](https://github.com/dbt-labs/dbt-bigquery/blob/1.1.latest/CHANGELOG.md)
diff --git a/dbt/adapters/bigquery/__version__.py b/dbt/adapters/bigquery/__version__.py
index c203c5d89..eb1d9a0ff 100644
--- a/dbt/adapters/bigquery/__version__.py
+++ b/dbt/adapters/bigquery/__version__.py
@@ -1 +1 @@
-version = "1.2.0"
+version = "1.2.1"
diff --git a/setup.py b/setup.py
index e9aafb31b..96a9d7b58 100644
--- a/setup.py
+++ b/setup.py
@@ -50,7 +50,7 @@ def _get_dbt_core_version():
 
 
 package_name = "dbt-bigquery"
-package_version = "1.2.0"
+package_version = "1.2.1"
 dbt_core_version = _get_dbt_core_version()
 description = """The BigQuery adapter plugin for dbt"""