diff --git a/tools/code-generation/smithy/codegen/settings.gradle.kts b/tools/code-generation/smithy/codegen/settings.gradle.kts
index 9532102000d..bc2b770a273 100644
--- a/tools/code-generation/smithy/codegen/settings.gradle.kts
+++ b/tools/code-generation/smithy/codegen/settings.gradle.kts
@@ -14,7 +14,7 @@ dependencyResolutionManagement {
     versionCatalogs {
         create("codegen") {
             // Smithy dependencies
-            version("smithy", "1.61.0")  // Centralize the version for Smithy-related dependencies
+            version("smithy", "1.62.0")  // Centralize the version for Smithy-related dependencies
             library("model", "software.amazon.smithy", "smithy-model").versionRef("smithy")
             library("aws-traits", "software.amazon.smithy", "smithy-aws-traits").versionRef("smithy")
             library("codegen-core", "software.amazon.smithy", "smithy-codegen-core").versionRef("smithy")