diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index cf996506a72f..5ee67f7b3c54 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -15,9 +15,9 @@
       <Uri>https://github.com/dotnet/arcade</Uri>
       <Sha>15f00efd583eab4372b2e9ca25bd80ace5b119ad</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.NET.HostModel" Version="3.1.1">
+    <Dependency Name="Microsoft.NET.HostModel" Version="3.1.2">
       <Uri>https://github.com/dotnet/core-setup</Uri>
-      <Sha>a1388f194c30cb21b36b75982962cb5e35954e4e</Sha>
+      <Sha>916b5cba268e1e1e803243004f4276cf40b2dda8</Sha>
     </Dependency>
     <Dependency Name="NuGet.Build.Tasks" Version="5.5.0-rtm.6422">
       <Uri>https://github.com/NuGet/NuGet.Client</Uri>
diff --git a/eng/Versions.props b/eng/Versions.props
index a98b8c6b0aec..79b8e02890f8 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -15,7 +15,7 @@
     <MicrosoftBuildFrameworkVersion>15.4.8</MicrosoftBuildFrameworkVersion>
     <MicrosoftBuildUtilitiesCoreVersion>15.4.8</MicrosoftBuildUtilitiesCoreVersion>
     <MicrosoftExtensionsDependencyModelVersion>2.1.0-preview2-26306-03</MicrosoftExtensionsDependencyModelVersion>
-    <MicrosoftNETHostModelVersion>3.1.1</MicrosoftNETHostModelVersion>
+    <MicrosoftNETHostModelVersion>3.1.2</MicrosoftNETHostModelVersion>
     <NETStandardLibraryNETFrameworkVersion>2.0.1-servicing-26011-01</NETStandardLibraryNETFrameworkVersion>
     <NewtonsoftJsonVersion>9.0.1</NewtonsoftJsonVersion>
     <NuGetBuildTasksPackageVersion>5.5.0-rtm.6422</NuGetBuildTasksPackageVersion>
diff --git a/global.json b/global.json
index c384417a6048..57066fc90b1f 100644
--- a/global.json
+++ b/global.json
@@ -1,6 +1,6 @@
 {
   "tools": {
-    "dotnet": "3.1.200-preview-014967",
+    "dotnet": "3.1.200-preview-014999",
     "vs-opt": {
       "version": "15.9"
     }