diff --git a/partner/partner-management-service/pom.xml b/partner/partner-management-service/pom.xml
index 9d708492c5..f7428119fd 100644
--- a/partner/partner-management-service/pom.xml
+++ b/partner/partner-management-service/pom.xml
@@ -5,10 +5,10 @@
 	<parent>
 		<artifactId>pms-parent</artifactId>
 		<groupId>io.mosip.pms</groupId>
-		<version>1.2.0-rc2-SNAPSHOT</version>
+		<version>1.2.0-prerel</version>
 	</parent>
 		
-	<version>1.2.0-rc2-SNAPSHOT</version>
+	<version>1.2.0-prerel</version>
 	<artifactId>partner-management-service</artifactId>
 	<name>partner-management-service</name>
 	
@@ -26,7 +26,7 @@
 		<dependency>
 			<groupId>io.mosip.pms</groupId>
 			<artifactId>pms-common</artifactId>
-			<version>1.2.0-rc2-SNAPSHOT</version>
+			<version>1.2.0-prerel</version>
 		</dependency>
 		<dependency>
 			<groupId>org.springframework.boot</groupId>
diff --git a/partner/pms-common/pom.xml b/partner/pms-common/pom.xml
index bd54d5f038..61960443b1 100644
--- a/partner/pms-common/pom.xml
+++ b/partner/pms-common/pom.xml
@@ -6,10 +6,10 @@
   <parent>
     <groupId>io.mosip.pms</groupId>
     <artifactId>pms-parent</artifactId>
-    <version>1.2.0-rc2-SNAPSHOT</version>
+    <version>1.2.0-prerel</version>
   </parent>   
   <artifactId>pms-common</artifactId>
-  <version>1.2.0-rc2-SNAPSHOT</version>
+  <version>1.2.0-prerel</version>
   <name>pms-common</name>
   <properties>
     <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
diff --git a/partner/policy-management-service/pom.xml b/partner/policy-management-service/pom.xml
index b97b20f17d..ad067ec65e 100644
--- a/partner/policy-management-service/pom.xml
+++ b/partner/policy-management-service/pom.xml
@@ -5,22 +5,22 @@
 	<parent>
 		<artifactId>pms-parent</artifactId>
 		<groupId>io.mosip.pms</groupId>
-		<version>1.2.0-rc2-SNAPSHOT</version>
+		<version>1.2.0-prerel</version>
 	</parent>
 	
-	<version>1.2.0-rc2-SNAPSHOT</version>
+	<version>1.2.0-prerel</version>
 	<artifactId>policy-management-service</artifactId>
 	<name>policy-management-service</name>
 	<dependencies>
 		<dependency>
 			<groupId>io.mosip.pms</groupId>
 			<artifactId>policy-validator</artifactId>
-            <version>1.2.0-rc2-SNAPSHOT</version>			
+            <version>1.2.0-prerel</version>			
 		</dependency>
 		<dependency>
 			<groupId>io.mosip.pms</groupId>
 			<artifactId>pms-common</artifactId>
-			<version>1.2.0-rc2-SNAPSHOT</version>
+			<version>1.2.0-prerel</version>
 		</dependency>		
 		<dependency>
 			<groupId>io.micrometer</groupId>
diff --git a/partner/policy-validator/pom.xml b/partner/policy-validator/pom.xml
index 73b8da1ff6..f44fdfa362 100644
--- a/partner/policy-validator/pom.xml
+++ b/partner/policy-validator/pom.xml
@@ -6,10 +6,10 @@
   <parent>
     <groupId>io.mosip.pms</groupId>
     <artifactId>pms-parent</artifactId>
-    <version>1.2.0-rc2-SNAPSHOT</version>
+    <version>1.2.0-prerel</version>
   </parent>   
   <artifactId>policy-validator</artifactId>
-  <version>1.2.0-rc2-SNAPSHOT</version>
+  <version>1.2.0-prerel</version>
   <name>policy-validator</name>
   <properties>
     <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
diff --git a/partner/pom.xml b/partner/pom.xml
index a1c778bfa5..7f990421d7 100644
--- a/partner/pom.xml
+++ b/partner/pom.xml
@@ -5,7 +5,7 @@
 	<groupId>io.mosip.pms</groupId>
 	<artifactId>pms-parent</artifactId>
 	<packaging>pom</packaging>
-	<version>1.2.0-rc2-SNAPSHOT</version>
+	<version>1.2.0-prerel</version>
 	
 	<name>partner-management-services</name>
 	<description>Parent project of MOSIP partner-management-services</description>
@@ -67,8 +67,8 @@
 	</distributionManagement>	
 
 	<properties>
-		<kernel.version>1.2.0-rc2-SNAPSHOT</kernel.version>		
-		<kernel-dataaccess-hibernate.version>1.2.0-rc2-SNAPSHOT</kernel-dataaccess-hibernate.version>
+		<kernel.version>1.2.0-prerel</kernel.version>		
+		<kernel-dataaccess-hibernate.version>1.2.0-prerel</kernel-dataaccess-hibernate.version>
 		<maven.jar.plugin.version>3.0.2</maven.jar.plugin.version>
 		<maven.war.plugin.version>3.1.0</maven.war.plugin.version>
 		<maven.compiler.source>11</maven.compiler.source>
@@ -77,8 +77,8 @@
 		<junit.version>4.12</junit.version>
 		<lombok.version>1.18.8</lombok.version>
 		<doclint>none</doclint>
-		<kernel-websubclient-api.version>1.2.0-rc2-SNAPSHOT</kernel-websubclient-api.version>
-		<kernel.templatemanager.velocity.version>1.2.0-rc2-SNAPSHOT</kernel.templatemanager.velocity.version>
+		<kernel-websubclient-api.version>1.2.0-prerel</kernel-websubclient-api.version>
+		<kernel.templatemanager.velocity.version>1.2.0-prerel</kernel.templatemanager.velocity.version>
 		<maven.surefire.plugin.version>2.22.0</maven.surefire.plugin.version>
 		<maven.jacoco.version>0.8.5</maven.jacoco.version>
 		<maven.sonar.plugin.version>3.7.0.1746</maven.sonar.plugin.version>