diff --git a/build/DependencyVersions.props b/build/DependencyVersions.props
index 745bdee580..5bc3bbdf35 100644
--- a/build/DependencyVersions.props
+++ b/build/DependencyVersions.props
@@ -3,7 +3,7 @@
   <PropertyGroup>
     <MicrosoftNETCoreAppPackageVersion>2.0.6</MicrosoftNETCoreAppPackageVersion>
     <MicrosoftNETCoreDotNetHostResolverPackageVersion>$(MicrosoftNETCoreAppPackageVersion)</MicrosoftNETCoreDotNetHostResolverPackageVersion>
-    <MicrosoftBuildPackageVersion>15.6.82</MicrosoftBuildPackageVersion>
+    <MicrosoftBuildPackageVersion>15.7.0-preview-000122</MicrosoftBuildPackageVersion>
     <MicrosoftBuildFrameworkPackageVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildFrameworkPackageVersion>
     <MicrosoftBuildRuntimePackageVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildRuntimePackageVersion>
     <MicrosoftBuildLocalizationPackageVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildLocalizationPackageVersion>
diff --git a/build/NugetConfigFile.targets b/build/NugetConfigFile.targets
index 10d4f8b235..a272ecb866 100644
--- a/build/NugetConfigFile.targets
+++ b/build/NugetConfigFile.targets
@@ -32,7 +32,7 @@
 <add key="symreader-native" value="https://dotnet.myget.org/F/symreader-native/api/v3/index.json" />
 <add key="AspNetMaster" value="https://dotnet.myget.org/F/aspnetcore-master/api/v3/index.json" />
 <add key="AspNetDev" value="https://dotnet.myget.org/F/aspnetcore-dev/api/v3/index.json" />
-<add key="nuget-build" value="https://dotnet.myget.org/F/nuget-build/api/v3/index.json" />
+<add key="dotnet-msbuild" value="https://dotnet.myget.org/F/msbuild/api/v3/index.json" />
         ]]>
       </NugetConfigCLIFeeds>
 
diff --git a/build/test/TestPackageProjects.targets b/build/test/TestPackageProjects.targets
index fea46690cb..bb280358ac 100644
--- a/build/test/TestPackageProjects.targets
+++ b/build/test/TestPackageProjects.targets
@@ -39,7 +39,7 @@
         <VersionPrefix>$(CliVersionPrefix)</VersionPrefix>
         <VersionSuffix>$(VersionSuffix)</VersionSuffix>
         <Clean>False</Clean>
-        <MsbuildArgs>/p:TargetFramework=netstandard1.5</MsbuildArgs>
+        <MsbuildArgs>/p:TargetFramework=netstandard2.0</MsbuildArgs>
       </BaseTestPackageProject>
       <BaseTestPackageProject Include="src/Microsoft.DotNet.InternalAbstractions">
         <Name>Microsoft.DotNet.InternalAbstractions</Name>
diff --git a/src/Microsoft.DotNet.Cli.Sln.Internal/Microsoft.DotNet.Cli.Sln.Internal.csproj b/src/Microsoft.DotNet.Cli.Sln.Internal/Microsoft.DotNet.Cli.Sln.Internal.csproj
index 518040d30e..b75274e659 100644
--- a/src/Microsoft.DotNet.Cli.Sln.Internal/Microsoft.DotNet.Cli.Sln.Internal.csproj
+++ b/src/Microsoft.DotNet.Cli.Sln.Internal/Microsoft.DotNet.Cli.Sln.Internal.csproj
@@ -4,7 +4,7 @@
   <PropertyGroup>
     <Description>SLN file reader/writer</Description>
     <VersionPrefix>$(CliVersionPrefix)</VersionPrefix>
-    <TargetFramework>netstandard1.6</TargetFramework>
+    <TargetFramework>netstandard2.0</TargetFramework>
     <DebugType>portable</DebugType>
     <AssemblyName>Microsoft.DotNet.Cli.Sln.Internal</AssemblyName>
     <AssemblyOriginatorKeyFile>../../tools/Key.snk</AssemblyOriginatorKeyFile>
@@ -23,7 +23,7 @@
   <ItemGroup>
     <PackageReference Include="System.Collections.Specialized" Version="4.0.1" />
     <PackageReference Include="System.Text.RegularExpressions" Version="4.1.0" />
-    <PackageReference Include="NETStandard.Library" Version="1.6.0" />
+    <PackageReference Include="NETStandard.Library" Version="2.0.0" />
     <PackageReference Include="XliffTasks" Version="$(XliffTasksPackageVersion)" PrivateAssets="All" />
   </ItemGroup>
 </Project>
diff --git a/src/Microsoft.DotNet.Cli.Utils/Microsoft.DotNet.Cli.Utils.csproj b/src/Microsoft.DotNet.Cli.Utils/Microsoft.DotNet.Cli.Utils.csproj
index bcf9bd7126..68fdb256df 100644
--- a/src/Microsoft.DotNet.Cli.Utils/Microsoft.DotNet.Cli.Utils.csproj
+++ b/src/Microsoft.DotNet.Cli.Utils/Microsoft.DotNet.Cli.Utils.csproj
@@ -3,8 +3,8 @@
 
   <PropertyGroup>
     <Version>$(SdkVersion)</Version>
-    <TargetFrameworks>netstandard1.5;net46</TargetFrameworks>
-    <TargetFrameworks Condition=" '$(OS)' != 'Windows_NT' ">netstandard1.5</TargetFrameworks>
+    <TargetFrameworks>netstandard2.0;net46</TargetFrameworks>
+    <TargetFrameworks Condition=" '$(OS)' != 'Windows_NT' ">netstandard2.0</TargetFrameworks>
     <WarningsAsErrors>true</WarningsAsErrors>
     <AssemblyOriginatorKeyFile>../../tools/Key.snk</AssemblyOriginatorKeyFile>
     <SignAssembly>true</SignAssembly>
@@ -24,15 +24,16 @@
     <PackageReference Include="NuGet.ProjectModel" Version="$(NuGetProjectModelPackageVersion)" />
     <PackageReference Include="Microsoft.Build" Version="$(MicrosoftBuildPackageVersion)" />
     <PackageReference Include="Microsoft.Build.Utilities.Core" Version="$(MicrosoftBuildUtilitiesCorePackageVersion)" />
-    <PackageReference Include="System.Runtime.InteropServices.RuntimeInformation" Version="4.0.0" />
+    <PackageReference Include="System.Runtime.InteropServices.RuntimeInformation" Version="4.3.0" />
     <PackageReference Include="XliffTasks" Version="$(XliffTasksPackageVersion)" PrivateAssets="All" />
-</ItemGroup>
+  </ItemGroup>
 
-  <ItemGroup Condition=" '$(TargetFramework)' == 'netstandard1.5' ">
+  <ItemGroup Condition=" '$(TargetFrameworkIdentifier)' == '.NETStandard' ">
+    <PackageReference Include="NETStandard.Library" Version="2.0.0" />
     <PackageReference Include="System.Diagnostics.Process" Version="4.1.0" />
   </ItemGroup>
 
-  <ItemGroup Condition=" '$(TargetFramework)' == 'net46' ">
+  <ItemGroup Condition=" '$(TargetFrameworkIdentifier)' == '.NETFramework' ">
     <Reference Include="System" />
     <Reference Include="System.Xml" />
     <Reference Include="Microsoft.CSharp" />
diff --git a/src/Microsoft.DotNet.Configurer/Microsoft.DotNet.Configurer.csproj b/src/Microsoft.DotNet.Configurer/Microsoft.DotNet.Configurer.csproj
index 0b4daa29ee..3a96ee0b09 100644
--- a/src/Microsoft.DotNet.Configurer/Microsoft.DotNet.Configurer.csproj
+++ b/src/Microsoft.DotNet.Configurer/Microsoft.DotNet.Configurer.csproj
@@ -3,7 +3,7 @@
 
   <PropertyGroup>
     <VersionPrefix>$(CliVersionPrefix)</VersionPrefix>
-    <TargetFramework>netstandard1.5</TargetFramework>
+    <TargetFramework>netstandard2.0</TargetFramework>
     <WarningsAsErrors>true</WarningsAsErrors>
     <AssemblyOriginatorKeyFile>../../tools/Key.snk</AssemblyOriginatorKeyFile>
     <SignAssembly>true</SignAssembly>
diff --git a/src/Microsoft.DotNet.InternalAbstractions/Microsoft.DotNet.InternalAbstractions.csproj b/src/Microsoft.DotNet.InternalAbstractions/Microsoft.DotNet.InternalAbstractions.csproj
index a5c6d9d6a4..a00fdccf2d 100644
--- a/src/Microsoft.DotNet.InternalAbstractions/Microsoft.DotNet.InternalAbstractions.csproj
+++ b/src/Microsoft.DotNet.InternalAbstractions/Microsoft.DotNet.InternalAbstractions.csproj
@@ -18,7 +18,7 @@
     <PackageReference Include="NETStandard.Library" Version="1.6.0" />
   </ItemGroup>
 
-  <ItemGroup Condition=" '$(TargetFramework)' == 'netstandard1.3' ">
+  <ItemGroup Condition=" '$(TargetFrameworkIdentifier)' == '.NETStandard' ">
     <PackageReference Include="System.AppContext" Version="4.1.0" />
     <PackageReference Include="System.Collections" Version="4.0.11" />
     <PackageReference Include="System.IO" Version="4.1.0" />
diff --git a/src/Microsoft.DotNet.MSBuildSdkResolver/Interop.NETStandard.cs b/src/Microsoft.DotNet.MSBuildSdkResolver/Interop.NETStandard.cs
index 74abc2a617..5ea10eaad5 100644
--- a/src/Microsoft.DotNet.MSBuildSdkResolver/Interop.NETStandard.cs
+++ b/src/Microsoft.DotNet.MSBuildSdkResolver/Interop.NETStandard.cs
@@ -4,8 +4,8 @@
 // NOTE: Currently, only the NET46 build ships (with Visual Studio/desktop msbuild), 
 // but the netstandard1.5 adaptation here acts a proof-of-concept for cross-platform 
 // portability of the underlying hostfxr API and gives us build and test coverage 
-// on non-Windows machines.
-#if NETSTANDARD1_5
+// on non-Windows machines. It also ships with msbuild on Mono.
+#if NETSTANDARD2_0
 
 using System;
 using System.Runtime.InteropServices;
@@ -50,4 +50,4 @@ private static int hostfxr_resolve_sdk(string exe_dir, string working_dir, [Out]
     }
 }
 
-#endif // NETSTANDARD1_5
\ No newline at end of file
+#endif // NETSTANDARD2_0
diff --git a/src/Microsoft.DotNet.MSBuildSdkResolver/MSBuildSdkResolver.cs b/src/Microsoft.DotNet.MSBuildSdkResolver/MSBuildSdkResolver.cs
index 08a5524794..a115a867bf 100644
--- a/src/Microsoft.DotNet.MSBuildSdkResolver/MSBuildSdkResolver.cs
+++ b/src/Microsoft.DotNet.MSBuildSdkResolver/MSBuildSdkResolver.cs
@@ -176,7 +176,7 @@ private string GetDotnetExeDirectory()
             var environmentProvider = new EnvironmentProvider(_getEnvironmentVariable);
             var dotnetExe = environmentProvider.GetCommandPath("dotnet");
 
-#if NETSTANDARD1_5
+#if NETSTANDARD2_0
             if (dotnetExe != null && !Interop.RunningOnWindows)
             {
                 // e.g. on Linux the 'dotnet' command from PATH is a symlink so we need to
diff --git a/src/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj b/src/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj
index f804fa3565..f7f7ced6bf 100644
--- a/src/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj
+++ b/src/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj
@@ -3,8 +3,8 @@
 
   <PropertyGroup>
     <Version>$(SdkVersion)</Version>
-    <TargetFrameworks>netstandard1.5;net46</TargetFrameworks>
-    <TargetFrameworks Condition="'$(OS)' != 'Windows_NT'">netstandard1.5</TargetFrameworks>
+    <TargetFrameworks>netstandard2.0;net46</TargetFrameworks>
+    <TargetFrameworks Condition="'$(OS)' != 'Windows_NT'">netstandard2.0</TargetFrameworks>
     <PlatformTarget>AnyCPU</PlatformTarget>
     <RuntimeIdentifiers>win-x86;win-x64</RuntimeIdentifiers>
     <WarningsAsErrors>true</WarningsAsErrors>
@@ -20,11 +20,16 @@
     <PackageReference Include="Microsoft.NETCore.DotNetHostResolver" Version="$(MicrosoftNETCoreDotNetHostResolverPackageVersion)" PrivateAssets="All" />
   </ItemGroup>
 
-  <ItemGroup Condition="'$(TargetFramework)' == 'netstandard1.5'">
-    <PackageReference Include="NETStandard.Library" Version="1.6.0" />
+  <ItemGroup Condition="'$(TargetFrameworkIdentifier)' == '.NETStandard'">
+    <PackageReference Include="NETStandard.Library" Version="2.0.0" />
   </ItemGroup>
 
-  <Target Name="ResolveHostfxrCopyLocalContent" Condition="'$(TargetFramework)' == 'net46'" DependsOnTargets="ResolvePackageDependenciesForBuild" BeforeTargets="AssignTargetPaths">
+  <ItemGroup Condition="'$(TargetFrameworkIdentifier)' == '.NETFramework'">
+    <Reference Include="System" />
+    <Reference Include="System.Core" />
+  </ItemGroup>
+
+  <Target Name="ResolveHostfxrCopyLocalContent" Condition="'$(TargetFrameworkIdentifier)' == '.NETFramework'" DependsOnTargets="RunResolvePackageDependencies" BeforeTargets="AssignTargetPaths">
     <ItemGroup>
       <Content Include="@(FileDefinitions->'%(ResolvedPath)')" Condition="'%(FileDefinitions.Path)' == 'runtimes/win-x86/native/hostfxr.dll'">
         <Link>x86/hostfxr.dll</Link>
diff --git a/src/Microsoft.DotNet.TestFramework/Microsoft.DotNet.TestFramework.csproj b/src/Microsoft.DotNet.TestFramework/Microsoft.DotNet.TestFramework.csproj
index 4e9b4a96f7..c312f7163e 100644
--- a/src/Microsoft.DotNet.TestFramework/Microsoft.DotNet.TestFramework.csproj
+++ b/src/Microsoft.DotNet.TestFramework/Microsoft.DotNet.TestFramework.csproj
@@ -4,7 +4,7 @@
   <PropertyGroup>
     <Description>Microsoft.DotNet.TestFramework Class Library</Description>
     <VersionPrefix>$(CliVersionPrefix)</VersionPrefix>
-    <TargetFramework>netstandard1.5</TargetFramework>
+    <TargetFramework>netstandard2.0</TargetFramework>
     <AssemblyOriginatorKeyFile>../../tools/Key.snk</AssemblyOriginatorKeyFile>
     <SignAssembly>true</SignAssembly>
     <PublicSign Condition=" '$(OS)' != 'Windows_NT' ">true</PublicSign>
@@ -14,4 +14,8 @@
     <ProjectReference Include="..\Microsoft.DotNet.Cli.Utils\Microsoft.DotNet.Cli.Utils.csproj" />
   </ItemGroup>
 
+  <ItemGroup>
+    <PackageReference Include="NETStandard.Library" Version="2.0.0" />
+  </ItemGroup>
+
 </Project>
\ No newline at end of file
diff --git a/src/dotnet/dotnet.csproj b/src/dotnet/dotnet.csproj
index 928a17ccb6..54d458a522 100644
--- a/src/dotnet/dotnet.csproj
+++ b/src/dotnet/dotnet.csproj
@@ -50,7 +50,7 @@
   </ItemGroup>
   <ItemGroup>
     <PackageReference Include="Newtonsoft.Json" Version="9.0.1" />
-    <PackageReference Include="System.Text.Encoding.CodePages" Version="4.3.0" />
+    <PackageReference Include="System.Text.Encoding.CodePages" Version="4.4.0" />
     <PackageReference Include="Microsoft.ApplicationInsights" Version="2.0.0" />
     <PackageReference Include="Microsoft.NETCore.App" Version="$(MicrosoftNETCoreAppPackageVersion)" />
     <PackageReference Include="System.Diagnostics.TraceSource" Version="4.3.0" />
diff --git a/test/Installer/Microsoft.DotNet.Cli.Msi.Tests/Microsoft.DotNet.Cli.Msi.Tests.csproj b/test/Installer/Microsoft.DotNet.Cli.Msi.Tests/Microsoft.DotNet.Cli.Msi.Tests.csproj
index e576ed679b..ad3219ebe8 100644
--- a/test/Installer/Microsoft.DotNet.Cli.Msi.Tests/Microsoft.DotNet.Cli.Msi.Tests.csproj
+++ b/test/Installer/Microsoft.DotNet.Cli.Msi.Tests/Microsoft.DotNet.Cli.Msi.Tests.csproj
@@ -22,7 +22,7 @@
     <PackageReference Include="Microsoft.Deployment.WindowsInstaller" Version="1.0.0" />
   </ItemGroup>
 
-  <ItemGroup Condition=" '$(TargetFramework)' == 'net46' ">
+  <ItemGroup Condition=" '$(TargetFrameworkIdentifier)' == '.NETFramework' ">
     <Reference Include="System.Runtime" />
     <Reference Include="System" />
     <Reference Include="Microsoft.CSharp" />
diff --git a/test/Microsoft.DotNet.MSBuildSdkResolver.Tests/Microsoft.DotNet.MSBuildSdkResolver.Tests.csproj b/test/Microsoft.DotNet.MSBuildSdkResolver.Tests/Microsoft.DotNet.MSBuildSdkResolver.Tests.csproj
index b009123c0a..f421d831fb 100644
--- a/test/Microsoft.DotNet.MSBuildSdkResolver.Tests/Microsoft.DotNet.MSBuildSdkResolver.Tests.csproj
+++ b/test/Microsoft.DotNet.MSBuildSdkResolver.Tests/Microsoft.DotNet.MSBuildSdkResolver.Tests.csproj
@@ -29,7 +29,7 @@
     <None Update="xunit.runner.json" CopyToOutputDirectory="PreserveNewest" />
   </ItemGroup>
 
-  <ItemGroup Condition=" '$(TargetFramework)' == 'net461' ">
+  <ItemGroup Condition=" '$(TargetFrameworkIdentifier)' == '.NETFramework' ">
     <Reference Include="System.Core" />
   </ItemGroup>
 
diff --git a/test/Microsoft.DotNet.Tools.Tests.Utilities/Microsoft.DotNet.Tools.Tests.Utilities.csproj b/test/Microsoft.DotNet.Tools.Tests.Utilities/Microsoft.DotNet.Tools.Tests.Utilities.csproj
index 2ac3bfe374..b8a0ed9a2a 100644
--- a/test/Microsoft.DotNet.Tools.Tests.Utilities/Microsoft.DotNet.Tools.Tests.Utilities.csproj
+++ b/test/Microsoft.DotNet.Tools.Tests.Utilities/Microsoft.DotNet.Tools.Tests.Utilities.csproj
@@ -3,13 +3,13 @@
 
   <PropertyGroup>
     <Description>Microsoft.DotNet.Tools.Tests.Utilities Class Library</Description>
-    <TargetFramework>netstandard1.5</TargetFramework>
+    <TargetFramework>netstandard2.0</TargetFramework>
     <AssemblyName>Microsoft.DotNet.Tools.Tests.Utilities</AssemblyName>
     <AssemblyOriginatorKeyFile>../../tools/Key.snk</AssemblyOriginatorKeyFile>
     <SignAssembly>true</SignAssembly>
     <PublicSign Condition=" '$(OS)' != 'Windows_NT' ">true</PublicSign>
     <AssetTargetFallback>$(AssetTargetFallback);dotnet5.4;portable-net451+win8</AssetTargetFallback>
-    <NetStandardImplicitPackageVersion>1.6.0</NetStandardImplicitPackageVersion>
+    <NetStandardImplicitPackageVersion>2.0.0</NetStandardImplicitPackageVersion>
   </PropertyGroup>
 
   <ItemGroup>