diff --git a/java-aiplatform/google-cloud-aiplatform-bom/pom.xml b/java-aiplatform/google-cloud-aiplatform-bom/pom.xml
index 13fc4235e39..6c4656ca504 100644
--- a/java-aiplatform/google-cloud-aiplatform-bom/pom.xml
+++ b/java-aiplatform/google-cloud-aiplatform-bom/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.4.0</version>
+    <version>1.5.0</version>
   </parent>
 
   <name>Google Cloud Vertex AI BOM</name>
diff --git a/java-aiplatform/pom.xml b/java-aiplatform/pom.xml
index 35019d5a0b6..e14b58e30e3 100644
--- a/java-aiplatform/pom.xml
+++ b/java-aiplatform/pom.xml
@@ -14,7 +14,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.4.0</version>
+    <version>1.5.0</version>
   </parent>
 
   <developers>