diff --git a/contracts/package.json b/contracts/package.json
index 9c3e43d2d88..82b41dba01d 100644
--- a/contracts/package.json
+++ b/contracts/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@chainlink/contracts",
-  "version": "1.0.0-beta.0",
+  "version": "1.0.0-beta.1",
   "description": "Chainlink smart contracts",
   "author": "Chainlink devs",
   "license": "MIT",