diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index e353d637c..a3c493549 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -98,22 +98,22 @@
       <Sha>94c498e399eb1cbb7290ed1e42564589a259312a</Sha>
       <SourceBuild RepoName="test-templates" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Common.ItemTemplates" Version="7.0.300-preview.23120.13">
+    <Dependency Name="Microsoft.DotNet.Common.ItemTemplates" Version="7.0.300-preview.23120.16">
       <Uri>https://github.com/dotnet/sdk</Uri>
-      <Sha>4e0f5acf23d044d7f66f98bcc24312f818c96f5d</Sha>
+      <Sha>f3cd1ebc2ef7e585f0e06ad7f305f1ebf11f8e90</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.TemplateEngine.Cli" Version="7.0.300-preview.23120.13">
+    <Dependency Name="Microsoft.TemplateEngine.Cli" Version="7.0.300-preview.23120.16">
       <Uri>https://github.com/dotnet/sdk</Uri>
-      <Sha>4e0f5acf23d044d7f66f98bcc24312f818c96f5d</Sha>
+      <Sha>f3cd1ebc2ef7e585f0e06ad7f305f1ebf11f8e90</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.NET.Sdk" Version="7.0.300-preview.23120.13">
+    <Dependency Name="Microsoft.NET.Sdk" Version="7.0.300-preview.23120.16">
       <Uri>https://github.com/dotnet/sdk</Uri>
-      <Sha>4e0f5acf23d044d7f66f98bcc24312f818c96f5d</Sha>
+      <Sha>f3cd1ebc2ef7e585f0e06ad7f305f1ebf11f8e90</Sha>
       <SourceBuild RepoName="sdk" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.MSBuildSdkResolver" Version="7.0.300-preview.23120.13">
+    <Dependency Name="Microsoft.DotNet.MSBuildSdkResolver" Version="7.0.300-preview.23120.16">
       <Uri>https://github.com/dotnet/sdk</Uri>
-      <Sha>4e0f5acf23d044d7f66f98bcc24312f818c96f5d</Sha>
+      <Sha>f3cd1ebc2ef7e585f0e06ad7f305f1ebf11f8e90</Sha>
     </Dependency>
     <!-- For coherency purposes, these versions should be gated by the versions of winforms and wpf routed via windowsdesktop -->
     <Dependency Name="Microsoft.Dotnet.WinForms.ProjectTemplates" Version="7.0.3-servicing.23072.1" CoherentParentDependency="Microsoft.WindowsDesktop.App.Runtime.win-x64">
@@ -149,9 +149,9 @@
       <Sha>73338d92270b9f26982eca2e8872037a0214b912</Sha>
       <SourceBuild RepoName="roslyn" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.Build" Version="17.6.0-preview-23120-01" CoherentParentDependency="Microsoft.NET.Sdk">
+    <Dependency Name="Microsoft.Build" Version="17.6.0-preview-23121-03" CoherentParentDependency="Microsoft.NET.Sdk">
       <Uri>https://github.com/dotnet/msbuild</Uri>
-      <Sha>bd756efe2f9ddec21afb01807a450a0a83cfd985</Sha>
+      <Sha>02c4162874fb061081978f49295c3c3cee25978a</Sha>
       <SourceBuild RepoName="msbuild" ManagedOnly="true" />
     </Dependency>
     <Dependency Name="NuGet.Build.Tasks" Version="6.6.0-preview.2.22" CoherentParentDependency="Microsoft.NET.Sdk">
diff --git a/eng/Versions.props b/eng/Versions.props
index 40d3a82eb..2f9d73bc6 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -63,9 +63,9 @@
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependencies from https://github.com/dotnet/sdk -->
-    <MicrosoftDotNetCommonItemTemplatesPackageVersion>7.0.300-preview.23120.13</MicrosoftDotNetCommonItemTemplatesPackageVersion>
-    <MicrosoftNETSdkPackageVersion>7.0.300-preview.23120.13</MicrosoftNETSdkPackageVersion>
-    <MicrosoftDotNetMSBuildSdkResolverPackageVersion>7.0.300-preview.23120.13</MicrosoftDotNetMSBuildSdkResolverPackageVersion>
+    <MicrosoftDotNetCommonItemTemplatesPackageVersion>7.0.300-preview.23120.16</MicrosoftDotNetCommonItemTemplatesPackageVersion>
+    <MicrosoftNETSdkPackageVersion>7.0.300-preview.23120.16</MicrosoftNETSdkPackageVersion>
+    <MicrosoftDotNetMSBuildSdkResolverPackageVersion>7.0.300-preview.23120.16</MicrosoftDotNetMSBuildSdkResolverPackageVersion>
     <MicrosoftNETBuildExtensionsPackageVersion>$(MicrosoftNETSdkPackageVersion)</MicrosoftNETBuildExtensionsPackageVersion>
     <MicrosoftDotnetToolsetInternalPackageVersion>$(MicrosoftNETSdkPackageVersion)</MicrosoftDotnetToolsetInternalPackageVersion>
     <MicrosoftDotnetTemplateLocatorPackageVersion>$(MicrosoftNETSdkPackageVersion)</MicrosoftDotnetTemplateLocatorPackageVersion>