diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 1dd4be87ad..e5bb98ae93 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -308,9 +308,9 @@
       <Uri>https://github.com/dotnet/arcade</Uri>
       <Sha>54d096ee50a9bcf7ac6efd16a07d51af651d20a1</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.Net.Compilers.Toolset" Version="3.7.0-3.20271.4">
+    <Dependency Name="Microsoft.Net.Compilers.Toolset" Version="3.7.0-4.20316.2">
       <Uri>https://github.com/dotnet/roslyn</Uri>
-      <Sha>f598328fb99345233f52a67f5a65cd39affa9fd4</Sha>
+      <Sha>603ea382183df6b09ea82d9e2ab43e46370364c4</Sha>
     </Dependency>
   </ToolsetDependencies>
 </Dependencies>
diff --git a/eng/Versions.props b/eng/Versions.props
index 9f1589d0c7..91cea7a941 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -64,7 +64,7 @@
     <!-- Packages from dotnet/arcade -->
     <MicrosoftDotNetGenAPIPackageVersion>5.0.0-beta.20309.1</MicrosoftDotNetGenAPIPackageVersion>
     <!-- Packages from dotnet/roslyn -->
-    <MicrosoftNetCompilersToolsetPackageVersion>3.7.0-3.20271.4</MicrosoftNetCompilersToolsetPackageVersion>
+    <MicrosoftNetCompilersToolsetPackageVersion>3.7.0-4.20316.2</MicrosoftNetCompilersToolsetPackageVersion>
     <!-- Packages from dotnet/runtime -->
     <MicrosoftExtensionsDependencyModelPackageVersion>5.0.0-preview.7.20315.3</MicrosoftExtensionsDependencyModelPackageVersion>
     <MicrosoftNETCoreAppInternalPackageVersion>5.0.0-preview.7.20315.3</MicrosoftNETCoreAppInternalPackageVersion>