diff --git a/Makefile b/Makefile
index 06f88c4405..2899ae4f88 100644
--- a/Makefile
+++ b/Makefile
@@ -37,7 +37,7 @@ TEKTON_PIPELINE_VERSION ?= latest
 TEKTON_TRIGGERS_VERSION ?= latest
 TEKTON_DASHBOARD_VERSION ?= latest
 TEKTON_RESULTS_VERSION ?= v0.4.0 # latest returns an older version hence hard coding to v0.3.1 for now (tektoncd/results#138)
-PAC_VERSION ?= 0.5.4
+PAC_VERSION ?= 0.5.5
 TEKTON_HUB_VERSION ?= v1.7.1 # latest doesn't returns any version hence hard coding to v1.7.1 for now
 TEKTON_CHAINS_VERSION ?= latest