diff --git a/setup.py b/setup.py
index 1ec245739..310383f09 100644
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@
 # Installed by pip install ocean-lib
 # or pip install -e .
 install_requirements = [
-    "ocean-contracts==1.1.12",
+    "ocean-contracts==1.1.14",
     "coloredlogs==15.0.1",
     "requests>=2.21.0",
     "pytz",  # used minimally and unlikely to change, common dependency