diff --git a/examples/obs-agent-iks/main.tf b/examples/obs-agent-iks/main.tf
index 94d1eda..a3aa0f5 100644
--- a/examples/obs-agent-iks/main.tf
+++ b/examples/obs-agent-iks/main.tf
@@ -62,7 +62,7 @@ locals {
 
 module "ocp_base" {
   source               = "terraform-ibm-modules/base-ocp-vpc/ibm"
-  version              = "3.50.2"
+  version              = "3.50.3"
   resource_group_id    = module.resource_group.resource_group_id
   region               = var.region
   tags                 = var.resource_tags
diff --git a/examples/obs-agent-ocp/main.tf b/examples/obs-agent-ocp/main.tf
index 36283b6..69ced77 100644
--- a/examples/obs-agent-ocp/main.tf
+++ b/examples/obs-agent-ocp/main.tf
@@ -62,7 +62,7 @@ locals {
 
 module "ocp_base" {
   source               = "terraform-ibm-modules/base-ocp-vpc/ibm"
-  version              = "3.50.2"
+  version              = "3.50.3"
   resource_group_id    = module.resource_group.resource_group_id
   region               = var.region
   tags                 = var.resource_tags
diff --git a/tests/resources/main.tf b/tests/resources/main.tf
index db19ac2..c223269 100644
--- a/tests/resources/main.tf
+++ b/tests/resources/main.tf
@@ -62,7 +62,7 @@ locals {
 
 module "ocp_base" {
   source               = "terraform-ibm-modules/base-ocp-vpc/ibm"
-  version              = "3.50.2"
+  version              = "3.50.3"
   resource_group_id    = module.resource_group.resource_group_id
   region               = var.region
   tags                 = var.resource_tags