diff --git a/bundle.Dockerfile b/bundle.Dockerfile
index 0f00c7f5e..bf03d6d35 100644
--- a/bundle.Dockerfile
+++ b/bundle.Dockerfile
@@ -7,7 +7,7 @@ LABEL operators.operatorframework.io.bundle.metadata.v1=metadata/
 LABEL operators.operatorframework.io.bundle.package.v1=update-service-operator
 LABEL operators.operatorframework.io.bundle.channels.v1=v1
 LABEL operators.operatorframework.io.bundle.channel.default.v1=v1
-LABEL operators.operatorframework.io.metrics.builder=operator-sdk-v1.28.0-ocp
+LABEL operators.operatorframework.io.metrics.builder=operator-sdk-v1.31.0-ocp
 LABEL operators.operatorframework.io.metrics.mediatype.v1=metrics+v1
 LABEL operators.operatorframework.io.metrics.project_layout=go.kubebuilder.io/v3
 
diff --git a/bundle/manifests/update-service-operator.clusterserviceversion.yaml b/bundle/manifests/update-service-operator.clusterserviceversion.yaml
index dff8453f8..24ebb935b 100644
--- a/bundle/manifests/update-service-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/update-service-operator.clusterserviceversion.yaml
@@ -16,14 +16,14 @@ metadata:
         }
       ]
     capabilities: Basic Install
-    createdAt: "2024-07-03T13:54:28Z"
+    createdAt: "2024-07-15T19:13:17Z"
     description: Creates and maintains an OpenShift Update Service instance
     kubernetes.io/description: "This OpenShift Update Service operator Deployment
       reconciles local UpdateServices into more fundamental Kubernetes\nand OpenShift
       resources like Cincinnati Deployments and Routes, and it reports the status
       of those components in \nthe UpdateService status.\n"
     operatorframework.io/suggested-namespace: openshift-update-service
-    operators.operatorframework.io/builder: operator-sdk-v1.28.0-ocp
+    operators.operatorframework.io/builder: operator-sdk-v1.31.0-ocp
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v3
   name: update-service-operator.v5.0.2-dev
   namespace: placeholder
diff --git a/bundle/metadata/annotations.yaml b/bundle/metadata/annotations.yaml
index efe31ff2d..dca2bd672 100644
--- a/bundle/metadata/annotations.yaml
+++ b/bundle/metadata/annotations.yaml
@@ -6,7 +6,7 @@ annotations:
   operators.operatorframework.io.bundle.package.v1: update-service-operator
   operators.operatorframework.io.bundle.channels.v1: v1
   operators.operatorframework.io.bundle.channel.default.v1: v1
-  operators.operatorframework.io.metrics.builder: operator-sdk-v1.28.0-ocp
+  operators.operatorframework.io.metrics.builder: operator-sdk-v1.31.0-ocp
   operators.operatorframework.io.metrics.mediatype.v1: metrics+v1
   operators.operatorframework.io.metrics.project_layout: go.kubebuilder.io/v3