diff --git a/CHANGELOG.md b/CHANGELOG.md
index 13eb4d74..dff4adbd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,13 @@
 
 [1]: https://pypi.org/project/google-cloud-build/#history
 
+### [3.3.2](https://www.github.com/googleapis/python-cloudbuild/compare/v3.3.1...v3.3.2) (2021-07-28)
+
+
+### Documentation
+
+* Add a new build phase `SETUPBUILD` for timing information ([#142](https://www.github.com/googleapis/python-cloudbuild/issues/142)) ([eb23c8d](https://www.github.com/googleapis/python-cloudbuild/commit/eb23c8dbc35dc45b228a1536f8143b8a291bcd87))
+
 ### [3.3.1](https://www.github.com/googleapis/python-cloudbuild/compare/v3.3.0...v3.3.1) (2021-07-24)
 
 
diff --git a/google/cloud/devtools/cloudbuild_v1/types/cloudbuild.py b/google/cloud/devtools/cloudbuild_v1/types/cloudbuild.py
index 717d71fb..a9a7c979 100644
--- a/google/cloud/devtools/cloudbuild_v1/types/cloudbuild.py
+++ b/google/cloud/devtools/cloudbuild_v1/types/cloudbuild.py
@@ -569,9 +569,10 @@ class Build(proto.Message):
             Output only. Stores timing information for phases of the
             build. Valid keys are:
 
-            -  BUILD: time to execute all build steps
+            -  BUILD: time to execute all build steps.
             -  PUSH: time to push all specified images.
             -  FETCHSOURCE: time to fetch source.
+            -  SETUPBUILD: time to set up build.
 
             If the build does not specify source or images, these keys
             will not be included.
diff --git a/samples/snippets/requirements.txt b/samples/snippets/requirements.txt
index 0f794705..bc64dbd6 100644
--- a/samples/snippets/requirements.txt
+++ b/samples/snippets/requirements.txt
@@ -1,2 +1,2 @@
-google-cloud-build==3.3.0
-google-auth==1.33.1
\ No newline at end of file
+google-cloud-build==3.3.1
+google-auth==1.34.0
\ No newline at end of file
diff --git a/setup.py b/setup.py
index 010cb6cb..d825aa70 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@
 
 name = "google-cloud-build"
 description = "Google Cloud Build API client library"
-version = "3.3.1"
+version = "3.3.2"
 # Should be one of:
 # 'Development Status :: 3 - Alpha'
 # 'Development Status :: 4 - Beta'