diff --git a/src/NuGet.Core/NuGet.Build.Tasks/NuGet.targets b/src/NuGet.Core/NuGet.Build.Tasks/NuGet.targets
index d676d1bdabc..9a14096756f 100644
--- a/src/NuGet.Core/NuGet.Build.Tasks/NuGet.targets
+++ b/src/NuGet.Core/NuGet.Build.Tasks/NuGet.targets
@@ -61,6 +61,8 @@ Copyright (c) .NET Foundation. All rights reserved.
     <GetReferenceNearestTargetFrameworkTaskSupportsTargetPlatformParameter>true</GetReferenceNearestTargetFrameworkTaskSupportsTargetPlatformParameter>
     <!-- Flag if the Central package file is enabled -->
     <_CentralPackageVersionsEnabled Condition="'$(ManagePackageVersionsCentrally)' == 'true' AND '$(CentralPackageVersionsFileImported)' == 'true'">true</_CentralPackageVersionsEnabled>
+    <!-- Flag indicating if floating versions can be used in central package management -->
+    <CentralPackageFloatingVersionsEnabled Condition="'$(CentralPackageFloatingVersionsEnabled)' == ''">false</CentralPackageFloatingVersionsEnabled>
   </PropertyGroup>
 
   <!--