diff --git a/install-k b/install-k
index 3da001dc0d..2cb4650bb2 100755
--- a/install-k
+++ b/install-k
@@ -1,6 +1,6 @@
 #!/bin/sh -e
 
-K_VERSION=7.1.117
+K_VERSION=7.1.118
 
 if [ `id -u` -ne 0 ]; then
   echo "$0: error: This script must be run as root."
diff --git a/package/debian/kframework/changelog b/package/debian/kframework/changelog
index 0fe3ea2a57..71d1fc76bb 100644
--- a/package/debian/kframework/changelog
+++ b/package/debian/kframework/changelog
@@ -1,4 +1,4 @@
-kframework (7.1.117) unstable; urgency=medium
+kframework (7.1.118) unstable; urgency=medium
 
   * Initial Release.
 
diff --git a/package/version b/package/version
index ffc6263124..e48c935db5 100644
--- a/package/version
+++ b/package/version
@@ -1 +1 @@
-7.1.117
+7.1.118
diff --git a/pyk/docs/conf.py b/pyk/docs/conf.py
index a5ca2acb5d..314761ee92 100644
--- a/pyk/docs/conf.py
+++ b/pyk/docs/conf.py
@@ -9,8 +9,8 @@
 project = 'pyk'
 author = 'Runtime Verification, Inc'
 copyright = '2024, Runtime Verification, Inc'
-version = '7.1.117'
-release = '7.1.117'
+version = '7.1.118'
+release = '7.1.118'
 
 # -- General configuration ---------------------------------------------------
 # https://www.sphinx-doc.org/en/master/usage/configuration.html#general-configuration
diff --git a/pyk/pyproject.toml b/pyk/pyproject.toml
index ac5c83165e..6d2bcb93ba 100644
--- a/pyk/pyproject.toml
+++ b/pyk/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "poetry.core.masonry.api"
 
 [tool.poetry]
 name = "kframework"
-version = "7.1.117"
+version = "7.1.118"
 description = ""
 authors = [
     "Runtime Verification, Inc. <contact@runtimeverification.com>",
diff --git a/pyk/src/pyk/__init__.py b/pyk/src/pyk/__init__.py
index 73e561e495..99932bad08 100644
--- a/pyk/src/pyk/__init__.py
+++ b/pyk/src/pyk/__init__.py
@@ -6,4 +6,4 @@
     from typing import Final
 
 
-__version__: Final = '7.1.117'
+__version__: Final = '7.1.118'