diff --git a/examples/logs-agent-ocp/main.tf b/examples/logs-agent-ocp/main.tf
index db748756..e9b1e800 100644
--- a/examples/logs-agent-ocp/main.tf
+++ b/examples/logs-agent-ocp/main.tf
@@ -104,7 +104,7 @@ locals {
 
 module "ocp_base" {
   source               = "terraform-ibm-modules/base-ocp-vpc/ibm"
-  version              = "3.46.19"
+  version              = "3.47.0"
   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 9717f2d4..c4540dc4 100644
--- a/tests/resources/main.tf
+++ b/tests/resources/main.tf
@@ -74,7 +74,7 @@ locals {
 
 module "ocp_base" {
   source                              = "terraform-ibm-modules/base-ocp-vpc/ibm"
-  version                             = "3.46.19"
+  version                             = "3.47.0"
   resource_group_id                   = module.resource_group.resource_group_id
   region                              = var.region
   tags                                = var.resource_tags