diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 9cf70efc724b..e888fe440fc6 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -33,11 +33,11 @@
       <Uri>https://github.com/dotnet/CliCommandLineParser</Uri>
       <Sha>0e89c2116ad28e404ba56c14d1c3f938caa25a01</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.Build" Version="16.8.0-preview-20380-03">
+    <Dependency Name="Microsoft.Build" Version="16.8.0-preview-20381-01">
       <Uri>https://github.com/dotnet/msbuild</Uri>
       <Sha>0e7b70f663ab86af7ab41d5d7b409f72f7143899</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.Build.Localization" Version="16.8.0-preview-20380-03">
+    <Dependency Name="Microsoft.Build.Localization" Version="16.8.0-preview-20381-01">
       <Uri>https://github.com/dotnet/msbuild</Uri>
       <Sha>0e7b70f663ab86af7ab41d5d7b409f72f7143899</Sha>
     </Dependency>
diff --git a/eng/Versions.props b/eng/Versions.props
index 48a33b458ad4..a1a3a29ebdc1 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -83,10 +83,10 @@
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependencies from https://github.com/Microsoft/msbuild -->
-    <MicrosoftBuildPackageVersion>16.8.0-preview-20380-03</MicrosoftBuildPackageVersion>
+    <MicrosoftBuildPackageVersion>16.8.0-preview-20381-01</MicrosoftBuildPackageVersion>
     <MicrosoftBuildFrameworkPackageVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildFrameworkPackageVersion>
     <MicrosoftBuildRuntimePackageVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildRuntimePackageVersion>
-    <MicrosoftBuildLocalizationPackageVersion>16.8.0-preview-20380-03</MicrosoftBuildLocalizationPackageVersion>
+    <MicrosoftBuildLocalizationPackageVersion>16.8.0-preview-20381-01</MicrosoftBuildLocalizationPackageVersion>
     <MicrosoftBuildUtilitiesCorePackageVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildUtilitiesCorePackageVersion>
     <MicrosoftBuildVersion>$(MicrosoftBuildPackageVersion)</MicrosoftBuildVersion>
     <MicrosoftBuildFrameworkVersion>$(MicrosoftBuildFrameworkPackageVersion)</MicrosoftBuildFrameworkVersion>