diff --git a/CHANGELOG.md b/CHANGELOG.md
index 93733f01..69111a03 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,16 @@
 <!-- markdownlint-disable single-title -->
 # v2.0.0 (Unreleased)
 
+# v2.0.0-beta.52 (2024-04-11)
+
+BUG FIXES
+
+* Updates dependencies.
+
+ENHANCEMENTS
+
+* Adds `MaxBackoff` parameter to configure the maximum backoff delay that is allowed to occur between retrying a failed request ([#1011](https://github.com/hashicorp/aws-sdk-go-base/pull/1011))
+
 # v2.0.0-beta.51 (2024-04-04)
 
 BUG FIXES
diff --git a/aws_config.go b/aws_config.go
index ad4379bf..ce85ee6c 100644
--- a/aws_config.go
+++ b/aws_config.go
@@ -174,7 +174,7 @@ func GetAwsConfig(ctx context.Context, c *Config) (context.Context, aws.Config,
 		}
 	}
 
-	resolveRetryer(baseCtx, c.TokenBucketRateLimiterCapacity, &awsConfig)
+	resolveRetryer(baseCtx, c, &awsConfig)
 
 	if !c.SkipCredsValidation {
 		if _, _, err := getAccountIDAndPartitionFromSTSGetCallerIdentity(baseCtx, stsClient(baseCtx, awsConfig, c)); err != nil {
@@ -187,7 +187,7 @@ func GetAwsConfig(ctx context.Context, c *Config) (context.Context, aws.Config,
 
 // Adapted from the per-service-client `resolveRetryer()` functions in the AWS SDK for Go v2
 // e.g. https://github.com/aws/aws-sdk-go-v2/blob/main/service/accessanalyzer/api_client.go
-func resolveRetryer(ctx context.Context, tokenBucketRateLimiterCapacity int, awsConfig *aws.Config) {
+func resolveRetryer(ctx context.Context, c *Config, awsConfig *aws.Config) {
 	retryMode := awsConfig.RetryMode
 	if len(retryMode) == 0 {
 		defaultsMode := resolveDefaultsMode(ctx, awsConfig)
@@ -201,24 +201,31 @@ func resolveRetryer(ctx context.Context, tokenBucketRateLimiterCapacity int, aws
 	}
 
 	var standardOptions []func(*retry.StandardOptions)
+
 	if v, found, _ := awsconfig.GetRetryMaxAttempts(ctx, awsConfig.ConfigSources); found && v != 0 {
 		standardOptions = append(standardOptions, func(so *retry.StandardOptions) {
 			so.MaxAttempts = v
 		})
 	}
 
-	newRetryer := func(retryMode aws.RetryMode, standardOptions []func(*retry.StandardOptions), tokenBucketRateLimiterCapacity int) aws.RetryerV2 {
-		var retryer aws.RetryerV2
+	if maxBackoff := c.MaxBackoff; maxBackoff > 0 {
+		standardOptions = append(standardOptions, func(so *retry.StandardOptions) {
+			so.MaxBackoff = maxBackoff
+		})
+	}
 
-		if tokenBucketRateLimiterCapacity > 0 {
-			standardOptions = append(standardOptions, func(so *retry.StandardOptions) {
-				so.RateLimiter = ratelimit.NewTokenRateLimit(uint(tokenBucketRateLimiterCapacity))
-			})
-		} else {
-			standardOptions = append(standardOptions, func(so *retry.StandardOptions) {
-				so.RateLimiter = ratelimit.None
-			})
-		}
+	if tokenBucketRateLimiterCapacity := c.TokenBucketRateLimiterCapacity; tokenBucketRateLimiterCapacity > 0 {
+		standardOptions = append(standardOptions, func(so *retry.StandardOptions) {
+			so.RateLimiter = ratelimit.NewTokenRateLimit(uint(tokenBucketRateLimiterCapacity))
+		})
+	} else {
+		standardOptions = append(standardOptions, func(so *retry.StandardOptions) {
+			so.RateLimiter = ratelimit.None
+		})
+	}
+
+	newRetryer := func(retryMode aws.RetryMode, standardOptions []func(*retry.StandardOptions)) aws.RetryerV2 {
+		var retryer aws.RetryerV2
 
 		switch retryMode {
 		case aws.RetryModeAdaptive:
@@ -240,7 +247,7 @@ func resolveRetryer(ctx context.Context, tokenBucketRateLimiterCapacity int, aws
 	awsConfig.Retryer = func() aws.Retryer {
 		return &networkErrorShortcutter{
 			// Ensure that each invocation of this function returns an independent Retryer.
-			RetryerV2: newRetryer(retryMode, slices.Clone(standardOptions), tokenBucketRateLimiterCapacity),
+			RetryerV2: newRetryer(retryMode, slices.Clone(standardOptions)),
 		}
 	}
 }
diff --git a/internal/config/config.go b/internal/config/config.go
index 16416934..ac3906ba 100644
--- a/internal/config/config.go
+++ b/internal/config/config.go
@@ -47,6 +47,7 @@ type Config struct {
 	IamEndpoint                    string
 	Insecure                       bool
 	Logger                         logging.Logger
+	MaxBackoff                     time.Duration
 	MaxRetries                     int
 	NoProxy                        string
 	Profile                        string
diff --git a/v2/awsv1shim/go.mod b/v2/awsv1shim/go.mod
index 97c17f97..85a9d1b6 100644
--- a/v2/awsv1shim/go.mod
+++ b/v2/awsv1shim/go.mod
@@ -10,7 +10,7 @@ require (
 	github.com/aws/aws-sdk-go-v2/feature/ec2/imds v1.16.1
 	github.com/aws/aws-sdk-go-v2/service/sts v1.28.6
 	github.com/google/go-cmp v0.6.0
-	github.com/hashicorp/aws-sdk-go-base/v2 v2.0.0-beta.51
+	github.com/hashicorp/aws-sdk-go-base/v2 v2.0.0-beta.52
 	github.com/hashicorp/go-cleanhttp v0.5.2
 	github.com/hashicorp/terraform-plugin-log v0.9.0
 	go.opentelemetry.io/contrib/instrumentation/github.com/aws/aws-sdk-go-v2/otelaws v0.50.0