diff --git a/CMakeLists.txt b/CMakeLists.txt
index c5c53a15..2df0528c 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -12,7 +12,7 @@ ENABLE_TESTING()
 
 set(LIB_VERSION_MAJOR "1")
 set(LIB_VERSION_MINOR "3")
-set(LIB_VERSION_PATCH "0")
+set(LIB_VERSION_PATCH "1")
 set(LIB_VERSION "${LIB_VERSION_MAJOR}.${LIB_VERSION_MINOR}.${LIB_VERSION_PATCH}")
 
 set(CMAKE_MODULE_PATH ${CMAKE_MODULE_PATH} "${CMAKE_SOURCE_DIR}/third_party/cmake/modules/")
diff --git a/src/common/inc/libiec61850_platform_includes.h b/src/common/inc/libiec61850_platform_includes.h
index f2770139..5ebc253a 100644
--- a/src/common/inc/libiec61850_platform_includes.h
+++ b/src/common/inc/libiec61850_platform_includes.h
@@ -17,7 +17,7 @@
 
 #include "platform_endian.h"
 
-#define LIBIEC61850_VERSION "1.3.0"
+#define LIBIEC61850_VERSION "1.3.1"
 
 #ifndef CONFIG_DEFAULT_MMS_VENDOR_NAME
 #define CONFIG_DEFAULT_MMS_VENDOR_NAME "libiec61850.com"