diff --git a/provider-ci/internal/pkg/templates/bridged-provider/Makefile b/provider-ci/internal/pkg/templates/bridged-provider/Makefile
index 4246ccbeba..64634df4fc 100644
--- a/provider-ci/internal/pkg/templates/bridged-provider/Makefile
+++ b/provider-ci/internal/pkg/templates/bridged-provider/Makefile
@@ -174,10 +174,13 @@ lint_provider.fix:
 # `make provider_no_deps` builds the provider binary directly, without ensuring that
 # `cmd/pulumi-resource-#{{ .Config.Provider }}#/schema.json` is valid and up to date.
 # To create a release ready binary, you should use `make provider`.
+.PHONY: provider provider_no_deps
+build_provider_cmd = cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER)
+provider: bin/$(PROVIDER)
 provider_no_deps:
-	(cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER))
-
-provider: tfgen provider_no_deps
+	$(call build_provider_cmd)
+bin/$(PROVIDER): .make/schema
+	$(call build_provider_cmd)
 
 test: export PATH := $(WORKING_DIR)/bin:$(PATH)
 test:
diff --git a/provider-ci/test-providers/acme/Makefile b/provider-ci/test-providers/acme/Makefile
index 481ca4fcc1..a4c1924c90 100644
--- a/provider-ci/test-providers/acme/Makefile
+++ b/provider-ci/test-providers/acme/Makefile
@@ -138,10 +138,13 @@ lint_provider.fix:
 # `make provider_no_deps` builds the provider binary directly, without ensuring that
 # `cmd/pulumi-resource-acme/schema.json` is valid and up to date.
 # To create a release ready binary, you should use `make provider`.
+.PHONY: provider provider_no_deps
+build_provider_cmd = cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER)
+provider: bin/$(PROVIDER)
 provider_no_deps:
-	(cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER))
-
-provider: tfgen provider_no_deps
+	$(call build_provider_cmd)
+bin/$(PROVIDER): .make/schema
+	$(call build_provider_cmd)
 
 test: export PATH := $(WORKING_DIR)/bin:$(PATH)
 test:
diff --git a/provider-ci/test-providers/aws/Makefile b/provider-ci/test-providers/aws/Makefile
index fe06626130..063c3a17c8 100644
--- a/provider-ci/test-providers/aws/Makefile
+++ b/provider-ci/test-providers/aws/Makefile
@@ -148,10 +148,13 @@ lint_provider.fix:
 # `make provider_no_deps` builds the provider binary directly, without ensuring that
 # `cmd/pulumi-resource-aws/schema.json` is valid and up to date.
 # To create a release ready binary, you should use `make provider`.
+.PHONY: provider provider_no_deps
+build_provider_cmd = cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER)
+provider: bin/$(PROVIDER)
 provider_no_deps:
-	(cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER))
-
-provider: tfgen provider_no_deps
+	$(call build_provider_cmd)
+bin/$(PROVIDER): .make/schema
+	$(call build_provider_cmd)
 
 test: export PATH := $(WORKING_DIR)/bin:$(PATH)
 test:
diff --git a/provider-ci/test-providers/cloudflare/Makefile b/provider-ci/test-providers/cloudflare/Makefile
index d11a9b7d5e..dc8896d7d6 100644
--- a/provider-ci/test-providers/cloudflare/Makefile
+++ b/provider-ci/test-providers/cloudflare/Makefile
@@ -148,10 +148,13 @@ lint_provider.fix:
 # `make provider_no_deps` builds the provider binary directly, without ensuring that
 # `cmd/pulumi-resource-cloudflare/schema.json` is valid and up to date.
 # To create a release ready binary, you should use `make provider`.
+.PHONY: provider provider_no_deps
+build_provider_cmd = cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER)
+provider: bin/$(PROVIDER)
 provider_no_deps:
-	(cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER))
-
-provider: tfgen provider_no_deps
+	$(call build_provider_cmd)
+bin/$(PROVIDER): .make/schema
+	$(call build_provider_cmd)
 
 test: export PATH := $(WORKING_DIR)/bin:$(PATH)
 test:
diff --git a/provider-ci/test-providers/docker/Makefile b/provider-ci/test-providers/docker/Makefile
index 645d420c9a..5f63f283c2 100644
--- a/provider-ci/test-providers/docker/Makefile
+++ b/provider-ci/test-providers/docker/Makefile
@@ -151,10 +151,13 @@ lint_provider.fix:
 # `make provider_no_deps` builds the provider binary directly, without ensuring that
 # `cmd/pulumi-resource-docker/schema.json` is valid and up to date.
 # To create a release ready binary, you should use `make provider`.
+.PHONY: provider provider_no_deps
+build_provider_cmd = cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER)
+provider: bin/$(PROVIDER)
 provider_no_deps:
-	(cd provider && go build $(PULUMI_PROVIDER_BUILD_PARALLELISM) -o $(WORKING_DIR)/bin/$(PROVIDER) -ldflags "$(LDFLAGS)" $(PROJECT)/$(PROVIDER_PATH)/cmd/$(PROVIDER))
-
-provider: tfgen provider_no_deps
+	$(call build_provider_cmd)
+bin/$(PROVIDER): .make/schema
+	$(call build_provider_cmd)
 
 test: export PATH := $(WORKING_DIR)/bin:$(PATH)
 test: