diff --git a/eng/Versions.props b/eng/Versions.props
index 76811a8ec..dcff7b6b3 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -93,7 +93,7 @@
   </PropertyGroup>
   <PropertyGroup>
     <!-- Cross-release dependency versions -->
-    <MicrosoftDotNetCommonItemTemplates50PackageVersion>5.0.2</MicrosoftDotNetCommonItemTemplates50PackageVersion>
+    <MicrosoftDotNetCommonItemTemplates50PackageVersion>5.0.3</MicrosoftDotNetCommonItemTemplates50PackageVersion>
     <MicrosoftAspNetCoreAppRuntime50PackageVersion>5.0.0-rc.2.20474.4</MicrosoftAspNetCoreAppRuntime50PackageVersion>
   </PropertyGroup>
   <PropertyGroup>
@@ -119,7 +119,7 @@
     <MicrosoftDotnetWinFormsProjectTemplates31PackageVersion>4.8.1-servicing.19605.5</MicrosoftDotnetWinFormsProjectTemplates31PackageVersion>
     <MicrosoftDotNetWpfProjectTemplates31PackageVersion>3.1.2-servicing.20066.4</MicrosoftDotNetWpfProjectTemplates31PackageVersion>
     <NUnit3Templates31PackageVersion>1.7.2</NUnit3Templates31PackageVersion>
-    <MicrosoftDotNetCommonItemTemplates31PackageVersion>3.1.11</MicrosoftDotNetCommonItemTemplates31PackageVersion>
+    <MicrosoftDotNetCommonItemTemplates31PackageVersion>3.1.12</MicrosoftDotNetCommonItemTemplates31PackageVersion>
     <MicrosoftDotNetCommonProjectTemplates31PackageVersion>$(MicrosoftDotNetCommonItemTemplates31PackageVersion)</MicrosoftDotNetCommonProjectTemplates31PackageVersion>
     <MicrosoftDotNetTestProjectTemplates31PackageVersion>$(MicrosoftDotNetTestProjectTemplates50PackageVersion)</MicrosoftDotNetTestProjectTemplates31PackageVersion>
     <AspNetCorePackageVersionFor31Templates>3.1.12</AspNetCorePackageVersionFor31Templates>