diff --git a/CHANGELOG.md b/CHANGELOG.md
index 70ff05f472..972443edc2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,5 @@
+# [1.18.0](https://github.com/bcgov/cas-cif/compare/1.17.3...1.18.0) (2024-12-16)
+
 ## [1.17.3](https://github.com/bcgov/cas-cif/compare/1.17.1...1.17.3) (2024-12-13)
 
 ### Bug Fixes
diff --git a/chart/cas-cif/Chart.yaml b/chart/cas-cif/Chart.yaml
index 9d0fac767a..b767dfd77a 100644
--- a/chart/cas-cif/Chart.yaml
+++ b/chart/cas-cif/Chart.yaml
@@ -2,8 +2,8 @@ apiVersion: v2
 name: cas-cif
 description: A Helm chart for Kubernetes
 type: application
-version: 0.1.0
-appVersion: "0.1.0"
+version: 1.18.0
+appVersion: "1.18.0"
 dependencies:
   - name: terraform-bucket-provision
     version: "0.1.3"
diff --git a/chart/cas-cif/templates/postgres.yaml b/chart/cas-cif/templates/postgres.yaml
index 0f52c899f5..d4d868f04d 100644
--- a/chart/cas-cif/templates/postgres.yaml
+++ b/chart/cas-cif/templates/postgres.yaml
@@ -11,7 +11,7 @@ spec:
   image: ""
   metadata:
     labels: {{ include "cas-cif.labels" . | nindent 6 }}
-  postgresVersion: 14
+  postgresVersion: 16
   instances:
     - name: pgha1
       replicas: 3
diff --git a/package.json b/package.json
index 4066fc4ad9..128de2dac8 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "cas-cif",
-  "version": "1.17.3",
+  "version": "1.18.0",
   "main": "index.js",
   "repository": "https://github.com/bcgov/cas-cif.git",
   "author": "ggircs@gov.bc.ca",
diff --git a/schema/sqitch.plan b/schema/sqitch.plan
index 4ff4db7674..a5fc01ae42 100644
--- a/schema/sqitch.plan
+++ b/schema/sqitch.plan
@@ -381,3 +381,4 @@ tables/funding_stream_rfp_002 2024-05-28T22:41:57Z Brianna Cerkiewicz <briannace
 
 tables/form_002 [tables/form_001] 2024-12-13T19:25:15Z Pierre Bastianelli <pierre.bastianelli@gov.bc.ca> # dropping regprocedure type for column in favour of varchar to allow postgres version upgrade
 @1.17.3 2024-12-13T19:33:09Z Pierre Bastianelli <pierre.bastianelli@gov.bc.ca> # release v1.17.3
+@1.18.0 2024-12-16T18:54:31Z Pierre Bastianelli <pierre.bastianelli@gov.bc.ca> # release v1.18.0