diff --git a/spring-cloud/spring-cloud-contract/pom.xml b/spring-cloud/spring-cloud-contract/pom.xml
index 4d4e8ad2c3..ea71891648 100644
--- a/spring-cloud/spring-cloud-contract/pom.xml
+++ b/spring-cloud/spring-cloud-contract/pom.xml
@@ -19,4 +19,45 @@
         <module>spring-cloud-contract-consumer</module>
     </modules>
 
+    <dependencyManagement>
+        <dependencies>
+            <dependency>
+                <groupId>org.springframework.boot</groupId>
+                <artifactId>spring-boot-starter-web</artifactId>
+                <version>${spring-boot.version}</version>
+            </dependency>
+            <dependency>
+                <groupId>org.springframework.boot</groupId>
+                <artifactId>spring-boot-starter-data-rest</artifactId>
+                <version>${spring-boot.version}</version>
+            </dependency>
+
+            <dependency>
+                <groupId>org.springframework.cloud</groupId>
+                <artifactId>spring-cloud-contract-wiremock</artifactId>
+                <version>${spring-cloud.version}</version>
+                <scope>test</scope>
+            </dependency>
+            <dependency>
+                <groupId>org.springframework.cloud</groupId>
+                <artifactId>spring-cloud-contract-stub-runner</artifactId>
+                <version>${spring-cloud.version}</version>
+                <scope>test</scope>
+            </dependency>
+            <dependency>
+                <groupId>org.springframework.cloud</groupId>
+                <artifactId>spring-cloud-starter-contract-verifier</artifactId>
+                <version>${spring-cloud.version}</version>
+                <scope>test</scope>
+            </dependency>
+        </dependencies>
+    </dependencyManagement>
+
+    <properties>
+        <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
+        <project.reporting.outputEncoding>UTF-8</project.reporting.outputEncoding>
+        <java.version>1.8</java.version>
+        <spring-cloud.version>2.1.1.RELEASE</spring-cloud.version>
+        <spring-boot.version>2.1.4.RELEASE</spring-boot.version>
+    </properties>
 </project>
\ No newline at end of file
diff --git a/spring-cloud/spring-cloud-contract/spring-cloud-contract-consumer/pom.xml b/spring-cloud/spring-cloud-contract/spring-cloud-contract-consumer/pom.xml
index 8ecda40d0a..04181340a4 100644
--- a/spring-cloud/spring-cloud-contract/spring-cloud-contract-consumer/pom.xml
+++ b/spring-cloud/spring-cloud-contract/spring-cloud-contract-consumer/pom.xml
@@ -20,38 +20,26 @@
         <dependency>
             <groupId>org.springframework.cloud</groupId>
             <artifactId>spring-cloud-contract-wiremock</artifactId>
-            <version>${spring-cloud.version}</version>
             <scope>test</scope>
         </dependency>
         <dependency>
             <groupId>org.springframework.cloud</groupId>
             <artifactId>spring-cloud-contract-stub-runner</artifactId>
-            <version>${spring-cloud.version}</version>
             <scope>test</scope>
         </dependency>
         <dependency>
             <groupId>org.springframework.boot</groupId>
             <artifactId>spring-boot-starter-web</artifactId>
-            <version>${spring-boot.version}</version>
         </dependency>
         <dependency>
             <groupId>org.springframework.boot</groupId>
             <artifactId>spring-boot-starter-data-rest</artifactId>
-            <version>${spring-boot.version}</version>
         </dependency>
         <dependency>
             <groupId>com.baeldung.spring.cloud</groupId>
             <artifactId>spring-cloud-contract-producer</artifactId>
-            <version>1.0.0-SNAPSHOT</version>
+            <version>${project.parent.version}</version>
             <scope>test</scope>
         </dependency>
     </dependencies>
-
-    <properties>
-        <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
-        <project.reporting.outputEncoding>UTF-8</project.reporting.outputEncoding>
-        <java.version>1.8</java.version>
-        <spring-cloud.version>1.2.2.RELEASE</spring-cloud.version>
-        <spring-boot.version>1.5.9.RELEASE</spring-boot.version>
-    </properties>
 </project>
diff --git a/spring-cloud/spring-cloud-contract/spring-cloud-contract-producer/pom.xml b/spring-cloud/spring-cloud-contract/spring-cloud-contract-producer/pom.xml
index 47759a818a..dffbd29206 100644
--- a/spring-cloud/spring-cloud-contract/spring-cloud-contract-producer/pom.xml
+++ b/spring-cloud/spring-cloud-contract/spring-cloud-contract-producer/pom.xml
@@ -25,12 +25,10 @@
         <dependency>
             <groupId>org.springframework.boot</groupId>
             <artifactId>spring-boot-starter-web</artifactId>
-            <version>${spring-boot.version}</version>
         </dependency>
         <dependency>
             <groupId>org.springframework.boot</groupId>
             <artifactId>spring-boot-starter-data-rest</artifactId>
-            <version>${spring-boot.version}</version>
         </dependency>
     </dependencies>
     <build>
@@ -38,7 +36,7 @@
             <plugin>
                 <groupId>org.springframework.cloud</groupId>
                 <artifactId>spring-cloud-contract-maven-plugin</artifactId>
-                <version>1.2.2.RELEASE</version>
+                <version>2.1.1.RELEASE</version>
                 <extensions>true</extensions>
                 <configuration>
                     <baseClassForTests>com.baeldung.spring.cloud.springcloudcontractproducer.BaseTestClass
@@ -47,26 +45,4 @@
             </plugin>
         </plugins>
     </build>
-
-
-    <dependencyManagement>
-        <dependencies>
-            <dependency>
-                <groupId>org.springframework.cloud</groupId>
-                <artifactId>spring-cloud-dependencies</artifactId>
-                <version>${spring-cloud.version}</version>
-                <type>pom</type>
-                <scope>import</scope>
-            </dependency>
-        </dependencies>
-    </dependencyManagement>
-
-    <properties>
-        <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
-        <project.reporting.outputEncoding>UTF-8</project.reporting.outputEncoding>
-        <java.version>1.8</java.version>
-        <spring-cloud.version>Edgware.SR1</spring-cloud.version>
-        <spring-boot.version>1.5.9.RELEASE</spring-boot.version>
-    </properties>
-
 </project>