diff --git a/go.mod b/go.mod
index fafbafa..705bd7e 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.22.1
 require (
 	github.com/pkg/errors v0.9.1
 	github.com/prometheus-operator/prometheus-operator/pkg/apis/monitoring v0.71.2
-	github.com/sap/component-operator-runtime v0.3.15
+	github.com/sap/component-operator-runtime v0.3.16
 	k8s.io/apiextensions-apiserver v0.29.3
 	k8s.io/apimachinery v0.29.3
 	k8s.io/client-go v0.29.3
diff --git a/go.sum b/go.sum
index fb9a73a..59c94a7 100644
--- a/go.sum
+++ b/go.sum
@@ -120,6 +120,8 @@ github.com/sap/component-operator-runtime v0.3.14 h1:fSmetcoCLO0HB2h2+K90lc+X01q
 github.com/sap/component-operator-runtime v0.3.14/go.mod h1:EScoC75FdB/90YAS7drrz/XvBvs+gd5to8pxUZz+ibA=
 github.com/sap/component-operator-runtime v0.3.15 h1:ztlALA9q8NsNeRKZmjnvzkNX0gEeAQeKJnK7gLxBIkE=
 github.com/sap/component-operator-runtime v0.3.15/go.mod h1:Yr60OwpoevTbRySItABfMMeHtYeMZ/J9F0OSP+gmxAo=
+github.com/sap/component-operator-runtime v0.3.16 h1:Vce8YvSGojULGWT7USk2oriiLuQNPLvB8hoRsoQd53A=
+github.com/sap/component-operator-runtime v0.3.16/go.mod h1:hj6qxV2YhXDTeV5tRA2xxcS/XlQWqTdRS3hmum3s6Uk=
 github.com/sap/go-generics v0.2.4 h1:ptpYEQ9/42rGVn8m21mq/1KrlxEUvWHdPazrJtNVVF0=
 github.com/sap/go-generics v0.2.4/go.mod h1:TtoBdtBmR4Xv+eMN+WAvq+XPkifDgdupsHum+jUcw9Y=
 github.com/sap/go-generics v0.2.5 h1:d/RzPpxqmnCdT7gIOO6ekFKnd+Vcse6U0lopoLr1uPU=