diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 15b5bab..a00c15b 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"3.24.1"}
\ No newline at end of file
+{".":"3.25.0"}
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index ec4700a..fc00261 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [3.25.0](https://github.com/streamnative/terraform-managed-cloud/compare/v3.24.1...v3.25.0) (2026-04-07)
+
+
+### Features
+
+* Updated aws_lb_controller_iam_policy.json.tpl to grant required permissions ([#136](https://github.com/streamnative/terraform-managed-cloud/issues/136)) ([c212889](https://github.com/streamnative/terraform-managed-cloud/commit/c212889f9994c0a5994119f12d0c3da0c438c61a))
+
 ## [3.24.1](https://github.com/streamnative/terraform-managed-cloud/compare/v3.24.0...v3.24.1) (2026-02-17)
 
 
diff --git a/README.md b/README.md
index be429d2..c55f085 100644
--- a/README.md
+++ b/README.md
@@ -35,7 +35,7 @@ provider "aws" {
 }
 
 module "sn_managed_cloud" {
-  source = "github.com/streamnative/terraform-managed-cloud//modules/aws/vendor-access?ref=v3.24.1"
+  source = "github.com/streamnative/terraform-managed-cloud//modules/aws/vendor-access?ref=v3.25.0"
 
   external_id = "<YOUR_SNCLOUD_ORG_ID>"
 }
@@ -53,7 +53,7 @@ provider "google" {
 }
 
 module "sn_managed_cloud" {
-  source = "github.com/streamnative/terraform-managed-cloud//modules/gcp/vendor-access?ref=v3.24.1"
+  source = "github.com/streamnative/terraform-managed-cloud//modules/gcp/vendor-access?ref=v3.25.0"
 
   project = "<YOUR_PROJECT>"
   streamnative_org_id = "<YOUR_SNCLOUD_ORG_ID>"
@@ -76,14 +76,14 @@ provider "azurerm" {
 provider "azuread" {}
 
 module "sn_cloud_manager" {
-  source = "github.com/streamnative/terraform-managed-cloud//modules/azure/sn-cloud-manager?ref=v3.24.1"
+  source = "github.com/streamnative/terraform-managed-cloud//modules/azure/sn-cloud-manager?ref=v3.25.0"
 
   streamnative_org_id     = "<YOUR_SNCLOUD_ORG_ID>"
   resource_group_location = "<RESOURCE_GROUP_LOCATION>"
 }
 
 module "sn_managed_cloud" {
-  source = "github.com/streamnative/terraform-managed-cloud//modules/azure/vendor-access?ref=v3.24.1"
+  source = "github.com/streamnative/terraform-managed-cloud//modules/azure/vendor-access?ref=v3.25.0"
 
   streamnative_org_id     = "<YOUR_SNCLOUD_ORG_ID>"
   resource_group_name     = "<RESOURCE_GROUP_NAME>"
diff --git a/modules/aws/vendor-access/variables.tf b/modules/aws/vendor-access/variables.tf
index c151fc3..c53445a 100644
--- a/modules/aws/vendor-access/variables.tf
+++ b/modules/aws/vendor-access/variables.tf
@@ -16,7 +16,7 @@
 
 variable "sn_policy_version" {
   description = "The value of SNVersion tag"
-  default     = "3.24.1"  # {{ x-release-please-version }}
+  default     = "3.25.0"  # {{ x-release-please-version }}
   type        = string
 }