diff --git a/package-lock.json b/package-lock.json
index a8feed4e..bf567afe 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@nucypher/nucypher-contracts",
-  "version": "0.11.1",
+  "version": "0.16.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@nucypher/nucypher-contracts",
-      "version": "0.11.1",
+      "version": "0.16.0",
       "license": "AGPL-3.0-or-later",
       "devDependencies": {
         "@typescript-eslint/eslint-plugin": "^6.9.0",
diff --git a/package.json b/package.json
index 767ad9ec..3fecd21c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@nucypher/nucypher-contracts",
-  "version": "0.15.0",
+  "version": "0.16.0",
   "license": "AGPL-3.0-or-later",
   "description": "Threshold Access Control (TACo) Smart Contracts",
   "author": "NuCypher",