diff --git a/bundle-generator/deployment/src/main/java/io/quarkiverse/operatorsdk/bundle/deployment/BundleProcessor.java b/bundle-generator/deployment/src/main/java/io/quarkiverse/operatorsdk/bundle/deployment/BundleProcessor.java
index c31b345f..c6edbb38 100644
--- a/bundle-generator/deployment/src/main/java/io/quarkiverse/operatorsdk/bundle/deployment/BundleProcessor.java
+++ b/bundle-generator/deployment/src/main/java/io/quarkiverse/operatorsdk/bundle/deployment/BundleProcessor.java
@@ -70,9 +70,16 @@ CSVMetadataBuildItem gatherCSVMetadata(ApplicationInfoBuildItem configuration,
             CombinedIndexBuildItem combinedIndexBuildItem) {
         final var index = combinedIndexBuildItem.getIndex();
         final var defaultName = bundleConfiguration.packageName.orElse(configuration.getName());
+
+        // note that version, replaces, etc. should probably be settable at the reconciler level
+        // use version specified in bundle configuration, if not use the one extracted from the project, if available
         final var version = configuration.getVersion();
-        final var defaultVersion = ApplicationInfoBuildItem.UNSET_VALUE.equals(version) ? null : version;
-        final var sharedMetadataHolders = getSharedMetadataHolders(defaultName, defaultVersion, index);
+        final var defaultVersion = bundleConfiguration.version
+                .orElse(ApplicationInfoBuildItem.UNSET_VALUE.equals(version) ? null : version);
+
+        final var defaultReplaces = bundleConfiguration.replaces.orElse(null);
+
+        final var sharedMetadataHolders = getSharedMetadataHolders(defaultName, defaultVersion, defaultReplaces, index);
         final var csvGroups = new HashMap<CSVMetadataHolder, List<ReconcilerAugmentedClassInfo>>();
 
         ClassUtils.getKnownReconcilers(index, log)
@@ -104,7 +111,7 @@ CSVMetadataBuildItem gatherCSVMetadata(ApplicationInfoBuildItem configuration,
                             }
                         }
                         csvMetadata = createMetadataHolder(csvMetadataAnnotation,
-                                new CSVMetadataHolder(csvMetadataName, defaultVersion, origin));
+                                new CSVMetadataHolder(csvMetadataName, defaultVersion, defaultReplaces, origin));
                     }
                     log.infov("Assigning ''{0}'' reconciler to {1}",
                             reconcilerInfo.nameOrFailIfUnset(),
@@ -244,8 +251,9 @@ void generateBundle(ApplicationInfoBuildItem configuration,
         }
     }
 
-    private Map<String, CSVMetadataHolder> getSharedMetadataHolders(String name, String version, IndexView index) {
-        CSVMetadataHolder csvMetadata = new CSVMetadataHolder(name, version, "default");
+    private Map<String, CSVMetadataHolder> getSharedMetadataHolders(String name, String version, String defaultReplaces,
+            IndexView index) {
+        CSVMetadataHolder csvMetadata = new CSVMetadataHolder(name, version, defaultReplaces, "default");
         final var sharedMetadataImpls = index.getAllKnownImplementors(SHARED_CSV_METADATA);
         final var result = new HashMap<String, CSVMetadataHolder>(sharedMetadataImpls.size() + 1);
         sharedMetadataImpls.forEach(sharedMetadataImpl -> {
diff --git a/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/MultipleOperatorsBundleTest.java b/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/MultipleOperatorsBundleTest.java
index cab91b1f..5cc65edb 100644
--- a/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/MultipleOperatorsBundleTest.java
+++ b/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/MultipleOperatorsBundleTest.java
@@ -26,7 +26,8 @@ public class MultipleOperatorsBundleTest {
                             Second.class, SecondReconciler.class,
                             Third.class, External.class, SecondExternal.class, ThirdReconciler.class,
                             ExternalDependentResource.class, PodDependentResource.class))
-            .overrideConfigKey("quarkus.operator-sdk.crd.generate-all", "true");
+            .overrideConfigKey("quarkus.operator-sdk.crd.generate-all", "true")
+            .overrideConfigKey("quarkus.operator-sdk.bundle.replaces", FirstReconciler.REPLACES);
 
     @SuppressWarnings("unused")
     @ProdBuildResults
@@ -39,6 +40,7 @@ public void shouldWriteBundleForTheOperators() throws IOException {
         // check that version is properly overridden
         var csv = getCSVFor(bundle, "first-operator");
         assertEquals(FirstReconciler.VERSION, csv.getSpec().getVersion());
+        assertEquals(FirstReconciler.REPLACES, csv.getSpec().getReplaces());
 
         checkBundleFor(bundle, "second-operator", Second.class);
 
diff --git a/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/sources/FirstReconciler.java b/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/sources/FirstReconciler.java
index 7260226e..cd176cda 100644
--- a/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/sources/FirstReconciler.java
+++ b/bundle-generator/deployment/src/test/java/io/quarkiverse/operatorsdk/bundle/sources/FirstReconciler.java
@@ -9,6 +9,7 @@
 public class FirstReconciler implements Reconciler<First> {
 
     public static final String VERSION = "first-version";
+    public static final String REPLACES = "first-replaces";
 
     @Override
     public UpdateControl<First> reconcile(First request, Context<First> context) {
diff --git a/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/BundleGenerationConfiguration.java b/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/BundleGenerationConfiguration.java
index 85bf4a99..8ee539dd 100644
--- a/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/BundleGenerationConfiguration.java
+++ b/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/BundleGenerationConfiguration.java
@@ -32,4 +32,17 @@ public class BundleGenerationConfiguration {
     @ConfigItem
     public Optional<String> packageName;
 
+    /**
+     * The replaces value that should be used in the generated CSV.
+     */
+    @ConfigItem
+    public Optional<String> replaces;
+
+    /**
+     * The version value that should be used in the generated CSV instead of the automatically detected one extracted from the
+     * project information.
+     */
+    @ConfigItem
+    public Optional<String> version;
+
 }
diff --git a/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/CSVMetadataHolder.java b/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/CSVMetadataHolder.java
index 955daa65..a140c6f5 100644
--- a/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/CSVMetadataHolder.java
+++ b/bundle-generator/runtime/src/main/java/io/quarkiverse/operatorsdk/bundle/runtime/CSVMetadataHolder.java
@@ -117,8 +117,8 @@ public RequiredCRD(String kind, String name, String version) {
 
     }
 
-    public CSVMetadataHolder(String name, String version, String origin) {
-        this(name, null, null, null, null, null, null, null, null, version, null, null, null, null, null, null, null, null,
+    public CSVMetadataHolder(String name, String version, String replaces, String origin) {
+        this(name, null, null, null, null, null, null, replaces, null, version, null, null, null, null, null, null, null, null,
                 origin);
     }