diff --git a/bin/update-proxy-versions.sh b/bin/update-proxy-versions.sh
new file mode 100755
index 00000000..2a571d27
--- /dev/null
+++ b/bin/update-proxy-versions.sh
@@ -0,0 +1,32 @@
+#!/usr/bin/env bash
+
+# USAGE:
+# > PROXY_VERSION=1.0.31 ./update-proxy-versions.sh
+
+# this script is meant to be used after a new Proxy version is out
+# to facilitate the update of all the places where we usually depend on the latest version
+
+# provide the new proxy version you want the project to be updated to
+if [[ -z "$PROXY_VERSION" ]]; then
+    echo "Must provide PROXY_VERSION in environment" 1>&2
+    exit 1
+fi
+
+cd ..
+
+echo ">>> Updating docker image versions to $PROXY_VERSION"
+PROJS=$(find . -type f -name "docker-compose.yml")
+for i in ${PROJS[@]}
+do
+  echo "Updating Dockerfile for: $i"
+  sed -i.bak "s/gcr.io\/kalix-public\/kalix-proxy:\(.*\)/gcr.io\/kalix-public\/kalix-proxy:$PROXY_VERSION/" $i
+  rm $i.bak
+done
+
+echo ">>> Updating application.conf"
+sed -i.bak "s/gcr.io\/kalix-public\/kalix-proxy:\(.*\)\"/gcr.io\/kalix-public\/kalix-proxy:$PROXY_VERSION\"/" ./codegen/js-gen-cli/src/it/resources/application.conf
+rm ./codegen/js-gen-cli/src/it/resources/application.conf.bak
+
+echo ">>> Updating config.json"
+sed -i.bak "s/\"frameworkVersion\": \"\(.*\)\"/\"frameworkVersion\": \"$PROXY_VERSION\"/" ./sdk/config.json
+rm ./sdk/config.json.bak