diff --git a/config/base/params.env b/config/base/params.env
index 2e87cd27..87d55ac4 100644
--- a/config/base/params.env
+++ b/config/base/params.env
@@ -2,5 +2,5 @@ odh-model-controller=quay.io/opendatahub/odh-model-controller:v0.12.0
 caikit-tgis-image=quay.io/opendatahub/caikit-tgis-serving:stable-60f5bfc
 caikit-standalone-image=quay.io/opendatahub/caikit-nlp:stable-994ec60
 tgis-image=quay.io/opendatahub/text-generation-inference:stable-eba83ba
-ovms-image=quay.io/opendatahub/openvino_model_server:stable-nightly-2024-05-26
+ovms-image=quay.io/opendatahub/openvino_model_server:2024.3-release-ddfac36
 vllm-image=quay.io/opendatahub/vllm:stable-849f0f5