diff --git a/NEWS.md b/NEWS.md
index a148dc62..3f9493e2 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,5 @@
+## 7.2.0 IN PROGRESS
+
 ## 7.1.0 2024-10-30
   * ERM-3394 Ensure initial pushkb support in Ramsons
   * ERM-3284 GOKb ingest process should handle multiple coverage statements on a single TIPP/PCI
diff --git a/service/gradle.properties b/service/gradle.properties
index 7b969542..097e7528 100644
--- a/service/gradle.properties
+++ b/service/gradle.properties
@@ -4,8 +4,8 @@ gormVersion=8.0.3
 
 # Application
 appName=mod-agreements
-appVersion=7.1.0
-okapiInterfaceVersion=7.1
+appVersion=7.2.0-SNAPSHOT
+okapiInterfaceVersion=7.2
 dockerTagSuffix=
 dockerRepo=folioci