diff --git a/Makefile b/Makefile
index 41d824c39ff..f747d7c3a62 100644
--- a/Makefile
+++ b/Makefile
@@ -4,7 +4,7 @@ SHELL = /bin/bash
 # This value must be updated to the release tag of the most recent release, a change that must
 # occur in the release commit. IMAGE_VERSION will be removed once each subproject that uses this
 # version is moved to a separate repo and release process.
-export IMAGE_VERSION = v1.4.0
+export IMAGE_VERSION = v1.5.0
 # Build-time variables to inject into binaries
 export SIMPLE_VERSION = $(shell (test "$(shell git describe)" = "$(shell git describe --abbrev=0)" && echo $(shell git describe)) || echo $(shell git describe --abbrev=0)+git)
 export GIT_VERSION = $(shell git describe --dirty --tags --always)
diff --git a/testdata/ansible/memcached-operator/Dockerfile b/testdata/ansible/memcached-operator/Dockerfile
index 572eebf86d9..464a197d33b 100644
--- a/testdata/ansible/memcached-operator/Dockerfile
+++ b/testdata/ansible/memcached-operator/Dockerfile
@@ -1,4 +1,4 @@
-FROM quay.io/operator-framework/ansible-operator:v1.4.0
+FROM quay.io/operator-framework/ansible-operator:v1.5.0
 
 COPY requirements.yml ${HOME}/requirements.yml
 RUN ansible-galaxy collection install -r ${HOME}/requirements.yml \
diff --git a/testdata/ansible/memcached-operator/Makefile b/testdata/ansible/memcached-operator/Makefile
index 47935ec3e3c..3cb149e2b85 100644
--- a/testdata/ansible/memcached-operator/Makefile
+++ b/testdata/ansible/memcached-operator/Makefile
@@ -91,7 +91,7 @@ ifeq (,$(shell which ansible-operator 2>/dev/null))
 	@{ \
 	set -e ;\
 	mkdir -p $(dir $(ANSIBLE_OPERATOR)) ;\
-	curl -sSLo $(ANSIBLE_OPERATOR) https://github.com/operator-framework/operator-sdk/releases/download/v1.4.0/ansible-operator_$(OS)_$(ARCH) ;\
+	curl -sSLo $(ANSIBLE_OPERATOR) https://github.com/operator-framework/operator-sdk/releases/download/v1.5.0/ansible-operator_$(OS)_$(ARCH) ;\
 	chmod +x $(ANSIBLE_OPERATOR) ;\
 	}
 else
diff --git a/testdata/ansible/memcached-operator/bundle/tests/scorecard/config.yaml b/testdata/ansible/memcached-operator/bundle/tests/scorecard/config.yaml
index 96b1dbba325..fa798691e2f 100644
--- a/testdata/ansible/memcached-operator/bundle/tests/scorecard/config.yaml
+++ b/testdata/ansible/memcached-operator/bundle/tests/scorecard/config.yaml
@@ -8,42 +8,42 @@ stages:
   - entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
   - entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
   - entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
   - entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/ansible/memcached-operator/config/scorecard/patches/basic.config.yaml b/testdata/ansible/memcached-operator/config/scorecard/patches/basic.config.yaml
index 4581edc9b02..9a2562c843f 100644
--- a/testdata/ansible/memcached-operator/config/scorecard/patches/basic.config.yaml
+++ b/testdata/ansible/memcached-operator/config/scorecard/patches/basic.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
diff --git a/testdata/ansible/memcached-operator/config/scorecard/patches/olm.config.yaml b/testdata/ansible/memcached-operator/config/scorecard/patches/olm.config.yaml
index 94226814303..f2284ce8255 100644
--- a/testdata/ansible/memcached-operator/config/scorecard/patches/olm.config.yaml
+++ b/testdata/ansible/memcached-operator/config/scorecard/patches/olm.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
@@ -14,7 +14,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
@@ -24,7 +24,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
@@ -34,7 +34,7 @@
     entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
@@ -44,7 +44,7 @@
     entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/go/v2/memcached-operator/bundle/tests/scorecard/config.yaml b/testdata/go/v2/memcached-operator/bundle/tests/scorecard/config.yaml
index 96b1dbba325..fa798691e2f 100644
--- a/testdata/go/v2/memcached-operator/bundle/tests/scorecard/config.yaml
+++ b/testdata/go/v2/memcached-operator/bundle/tests/scorecard/config.yaml
@@ -8,42 +8,42 @@ stages:
   - entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
   - entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
   - entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
   - entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/go/v2/memcached-operator/config/scorecard/patches/basic.config.yaml b/testdata/go/v2/memcached-operator/config/scorecard/patches/basic.config.yaml
index 4581edc9b02..9a2562c843f 100644
--- a/testdata/go/v2/memcached-operator/config/scorecard/patches/basic.config.yaml
+++ b/testdata/go/v2/memcached-operator/config/scorecard/patches/basic.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
diff --git a/testdata/go/v2/memcached-operator/config/scorecard/patches/olm.config.yaml b/testdata/go/v2/memcached-operator/config/scorecard/patches/olm.config.yaml
index 94226814303..f2284ce8255 100644
--- a/testdata/go/v2/memcached-operator/config/scorecard/patches/olm.config.yaml
+++ b/testdata/go/v2/memcached-operator/config/scorecard/patches/olm.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
@@ -14,7 +14,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
@@ -24,7 +24,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
@@ -34,7 +34,7 @@
     entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
@@ -44,7 +44,7 @@
     entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/go/v3/memcached-operator/bundle/tests/scorecard/config.yaml b/testdata/go/v3/memcached-operator/bundle/tests/scorecard/config.yaml
index 96b1dbba325..fa798691e2f 100644
--- a/testdata/go/v3/memcached-operator/bundle/tests/scorecard/config.yaml
+++ b/testdata/go/v3/memcached-operator/bundle/tests/scorecard/config.yaml
@@ -8,42 +8,42 @@ stages:
   - entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
   - entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
   - entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
   - entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/go/v3/memcached-operator/config/scorecard/patches/basic.config.yaml b/testdata/go/v3/memcached-operator/config/scorecard/patches/basic.config.yaml
index 4581edc9b02..9a2562c843f 100644
--- a/testdata/go/v3/memcached-operator/config/scorecard/patches/basic.config.yaml
+++ b/testdata/go/v3/memcached-operator/config/scorecard/patches/basic.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
diff --git a/testdata/go/v3/memcached-operator/config/scorecard/patches/olm.config.yaml b/testdata/go/v3/memcached-operator/config/scorecard/patches/olm.config.yaml
index 94226814303..f2284ce8255 100644
--- a/testdata/go/v3/memcached-operator/config/scorecard/patches/olm.config.yaml
+++ b/testdata/go/v3/memcached-operator/config/scorecard/patches/olm.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
@@ -14,7 +14,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
@@ -24,7 +24,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
@@ -34,7 +34,7 @@
     entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
@@ -44,7 +44,7 @@
     entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/helm/memcached-operator/Dockerfile b/testdata/helm/memcached-operator/Dockerfile
index 8de2979dceb..f4fea7229a8 100644
--- a/testdata/helm/memcached-operator/Dockerfile
+++ b/testdata/helm/memcached-operator/Dockerfile
@@ -1,5 +1,5 @@
 # Build the manager binary
-FROM quay.io/operator-framework/helm-operator:v1.4.0
+FROM quay.io/operator-framework/helm-operator:v1.5.0
 
 ENV HOME=/opt/helm
 COPY watches.yaml ${HOME}/watches.yaml
diff --git a/testdata/helm/memcached-operator/Makefile b/testdata/helm/memcached-operator/Makefile
index 903cfe6b209..882cad02892 100644
--- a/testdata/helm/memcached-operator/Makefile
+++ b/testdata/helm/memcached-operator/Makefile
@@ -91,7 +91,7 @@ ifeq (,$(shell which helm-operator 2>/dev/null))
 	@{ \
 	set -e ;\
 	mkdir -p $(dir $(HELM_OPERATOR)) ;\
-	curl -sSLo $(HELM_OPERATOR) https://github.com/operator-framework/operator-sdk/releases/download/v1.4.0/helm-operator_$(OS)_$(ARCH) ;\
+	curl -sSLo $(HELM_OPERATOR) https://github.com/operator-framework/operator-sdk/releases/download/v1.5.0/helm-operator_$(OS)_$(ARCH) ;\
 	chmod +x $(HELM_OPERATOR) ;\
 	}
 else
diff --git a/testdata/helm/memcached-operator/bundle/tests/scorecard/config.yaml b/testdata/helm/memcached-operator/bundle/tests/scorecard/config.yaml
index 96b1dbba325..fa798691e2f 100644
--- a/testdata/helm/memcached-operator/bundle/tests/scorecard/config.yaml
+++ b/testdata/helm/memcached-operator/bundle/tests/scorecard/config.yaml
@@ -8,42 +8,42 @@ stages:
   - entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
   - entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
   - entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
   - entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
   - entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test
diff --git a/testdata/helm/memcached-operator/config/scorecard/patches/basic.config.yaml b/testdata/helm/memcached-operator/config/scorecard/patches/basic.config.yaml
index 4581edc9b02..9a2562c843f 100644
--- a/testdata/helm/memcached-operator/config/scorecard/patches/basic.config.yaml
+++ b/testdata/helm/memcached-operator/config/scorecard/patches/basic.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - basic-check-spec
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: basic
       test: basic-check-spec-test
diff --git a/testdata/helm/memcached-operator/config/scorecard/patches/olm.config.yaml b/testdata/helm/memcached-operator/config/scorecard/patches/olm.config.yaml
index 94226814303..f2284ce8255 100644
--- a/testdata/helm/memcached-operator/config/scorecard/patches/olm.config.yaml
+++ b/testdata/helm/memcached-operator/config/scorecard/patches/olm.config.yaml
@@ -4,7 +4,7 @@
     entrypoint:
     - scorecard-test
     - olm-bundle-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-bundle-validation-test
@@ -14,7 +14,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-validation
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-validation-test
@@ -24,7 +24,7 @@
     entrypoint:
     - scorecard-test
     - olm-crds-have-resources
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-crds-have-resources-test
@@ -34,7 +34,7 @@
     entrypoint:
     - scorecard-test
     - olm-spec-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-spec-descriptors-test
@@ -44,7 +44,7 @@
     entrypoint:
     - scorecard-test
     - olm-status-descriptors
-    image: quay.io/operator-framework/scorecard-test:v1.4.0
+    image: quay.io/operator-framework/scorecard-test:v1.5.0
     labels:
       suite: olm
       test: olm-status-descriptors-test