diff --git a/build/version.debug b/build/version.debug
index 4cdd98504..def0686a9 100644
--- a/build/version.debug
+++ b/build/version.debug
@@ -1 +1 @@
-1.15.{incremental}-nightly
\ No newline at end of file
+1.16.{incremental}-nightly
\ No newline at end of file
diff --git a/build/version.debug.increment b/build/version.debug.increment
index 97e350411..c22708346 100644
--- a/build/version.debug.increment
+++ b/build/version.debug.increment
@@ -1 +1 @@
-110
\ No newline at end of file
+0
\ No newline at end of file
diff --git a/build/version.release.increment b/build/version.release.increment
index 3f10ffe7a..19c7bdba7 100644
--- a/build/version.release.increment
+++ b/build/version.release.increment
@@ -1 +1 @@
-15
\ No newline at end of file
+16
\ No newline at end of file
diff --git a/src/lib/CHANGELOG.md b/src/lib/CHANGELOG.md
index 0d5be0160..54508ffac 100644
--- a/src/lib/CHANGELOG.md
+++ b/src/lib/CHANGELOG.md
@@ -6,7 +6,7 @@ All notable changes to this project will be documented in this file.
 
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/).
 
-## [Unreleased]
+## [1.16.0]
 
 ### Added
 
diff --git a/src/lib/PnP.Framework.Test/PnP.Framework.Test.csproj b/src/lib/PnP.Framework.Test/PnP.Framework.Test.csproj
index ea338dd04..a31d8e518 100644
--- a/src/lib/PnP.Framework.Test/PnP.Framework.Test.csproj
+++ b/src/lib/PnP.Framework.Test/PnP.Framework.Test.csproj
@@ -186,7 +186,7 @@
 		<PackageReference Include="PrivateObjectExtensions" Version="1.4.0" />
 		<PackageReference Include="System.Configuration.ConfigurationManager" Version="8.0.0" />
 		<PackageReference Include="System.Security.Cryptography.Xml" Version="8.0.0" />
-		<PackageReference Include="PnP.Core" Version="1.12.*-*" Condition="'$(PnPCoreSdkPath)' == ''" />
+		<PackageReference Include="PnP.Core" Version="1.13.*-*" Condition="'$(PnPCoreSdkPath)' == ''" />
 	</ItemGroup>
 
 	<ItemGroup>
diff --git a/src/lib/PnP.Framework/PnP.Framework.csproj b/src/lib/PnP.Framework/PnP.Framework.csproj
index 485e7b27b..bf77004b3 100644
--- a/src/lib/PnP.Framework/PnP.Framework.csproj
+++ b/src/lib/PnP.Framework/PnP.Framework.csproj
@@ -5,7 +5,7 @@
 		<LangVersion>10.0</LangVersion>
 		<RootNamespace>PnP.Framework</RootNamespace>
 		<AssemblyName>PnP.Framework</AssemblyName>
-		<Version>1.15.0</Version>
+		<Version>1.16.0</Version>
 		<Authors>PnP</Authors>
 		<Copyright>PnP 2024</Copyright>
 		<Description>PnP Framework contains the PnP Provisioning engine and a ton of extension methods that will make you more productive while developing for Microsoft 365.</Description>
@@ -257,7 +257,7 @@
 		<PackageReference Include="Microsoft.Identity.Client" Version="4.61.3" />
 		<PackageReference Include="Microsoft.SharePointOnline.CSOM" Version="16.1.*" />
 		<PackageReference Include="Newtonsoft.Json" Version="13.0.1" />
-		<PackageReference Include="PnP.Core" Version="1.12.*-*" Condition="'$(PnPCoreSdkPath)' == ''" />
+		<PackageReference Include="PnP.Core" Version="1.13.*-*" Condition="'$(PnPCoreSdkPath)' == ''" />
 		<PackageReference Include="Portable.Xaml" Version="0.26.0" />
 		<PackageReference Include="System.IdentityModel.Tokens.Jwt" Version="6.35.0" />
 	</ItemGroup>