diff --git a/runtimes/politest/src/lib.rs b/runtimes/politest/src/lib.rs
index e3f964fd7..374d0a947 100644
--- a/runtimes/politest/src/lib.rs
+++ b/runtimes/politest/src/lib.rs
@@ -215,7 +215,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
 	spec_name: create_runtime_str!("politest"),
 	impl_name: create_runtime_str!("politest"),
 	authoring_version: 1,
-	spec_version: 0_007_005,
+	spec_version: 0_007_006,
 	impl_version: 0,
 	apis: RUNTIME_API_VERSIONS,
 	transaction_version: 2,
diff --git a/runtimes/shared-configuration/src/funding.rs b/runtimes/shared-configuration/src/funding.rs
index 70a0cb8db..7c06ad3b3 100644
--- a/runtimes/shared-configuration/src/funding.rs
+++ b/runtimes/shared-configuration/src/funding.rs
@@ -28,42 +28,42 @@ use parachains_common::HOURS;
 #[cfg(feature = "instant-mode")]
 pub const EVALUATION_DURATION: BlockNumber = 3;
 #[cfg(feature = "fast-mode")]
-pub const EVALUATION_DURATION: BlockNumber = 3 * HOURS;
+pub const EVALUATION_DURATION: BlockNumber = 10 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const EVALUATION_DURATION: BlockNumber = 28 * crate::DAYS;
 
 #[cfg(feature = "instant-mode")]
 pub const AUCTION_INITIALIZE_PERIOD_DURATION: BlockNumber = 3;
 #[cfg(feature = "fast-mode")]
-pub const AUCTION_INITIALIZE_PERIOD_DURATION: BlockNumber = 1 * HOURS;
+pub const AUCTION_INITIALIZE_PERIOD_DURATION: BlockNumber = 10 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const AUCTION_INITIALIZE_PERIOD_DURATION: BlockNumber = 7 * crate::DAYS;
 
 #[cfg(feature = "instant-mode")]
 pub const AUCTION_OPENING_DURATION: BlockNumber = 2;
 #[cfg(feature = "fast-mode")]
-pub const AUCTION_OPENING_DURATION: BlockNumber = 1 * HOURS;
+pub const AUCTION_OPENING_DURATION: BlockNumber = 7 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const AUCTION_OPENING_DURATION: BlockNumber = 2 * crate::DAYS;
 
 #[cfg(feature = "instant-mode")]
 pub const AUCTION_CLOSING_DURATION: BlockNumber = 2;
 #[cfg(feature = "fast-mode")]
-pub const AUCTION_CLOSING_DURATION: BlockNumber = 1 * HOURS;
+pub const AUCTION_CLOSING_DURATION: BlockNumber = 7 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const AUCTION_CLOSING_DURATION: BlockNumber = 3 * crate::DAYS;
 
 #[cfg(feature = "instant-mode")]
 pub const COMMUNITY_FUNDING_DURATION: BlockNumber = 3;
 #[cfg(feature = "fast-mode")]
-pub const COMMUNITY_FUNDING_DURATION: BlockNumber = 1 * HOURS;
+pub const COMMUNITY_FUNDING_DURATION: BlockNumber = 15 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const COMMUNITY_FUNDING_DURATION: BlockNumber = 5 * crate::DAYS;
 
 #[cfg(feature = "instant-mode")]
 pub const REMAINDER_FUNDING_DURATION: BlockNumber = 3;
 #[cfg(feature = "fast-mode")]
-pub const REMAINDER_FUNDING_DURATION: BlockNumber = 1 * HOURS;
+pub const REMAINDER_FUNDING_DURATION: BlockNumber = 15 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const REMAINDER_FUNDING_DURATION: BlockNumber = crate::DAYS;
 
@@ -84,7 +84,7 @@ pub const MANUAL_ACCEPTANCE_DURATION: BlockNumber = 3 * crate::DAYS;
 #[cfg(feature = "instant-mode")]
 pub const SUCCESS_TO_SETTLEMENT_TIME: BlockNumber = 4;
 #[cfg(feature = "fast-mode")]
-pub const SUCCESS_TO_SETTLEMENT_TIME: BlockNumber = 1 * HOURS;
+pub const SUCCESS_TO_SETTLEMENT_TIME: BlockNumber = 5 * crate::MINUTES;
 #[cfg(not(any(feature = "fast-mode", feature = "instant-mode")))]
 pub const SUCCESS_TO_SETTLEMENT_TIME: BlockNumber = 4 * crate::DAYS;
 
diff --git a/runtimes/shared-configuration/src/lib.rs b/runtimes/shared-configuration/src/lib.rs
index 4cdc41c89..fd57b0221 100644
--- a/runtimes/shared-configuration/src/lib.rs
+++ b/runtimes/shared-configuration/src/lib.rs
@@ -28,7 +28,7 @@ pub mod time;
 pub mod weights;
 
 /// Common types
-pub use parachains_common::{Balance, BlockNumber, DAYS};
+pub use parachains_common::{Balance, BlockNumber, DAYS, HOURS, MINUTES};
 
 pub use assets::*;
 pub use currency::*;