diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+# 0.1.0.3
+
+- Relax version bounds to encompass `time-0.12`.
+
 # 0.1.0.2
 
 - Relax version bounds to encompass `prelude-0.6.x`.
diff --git a/nri-observability.cabal b/nri-observability.cabal
--- a/nri-observability.cabal
+++ b/nri-observability.cabal
@@ -1,15 +1,15 @@
 cabal-version: 1.18
 
--- This file has been generated from package.yaml by hpack version 0.34.2.
+-- This file has been generated from package.yaml by hpack version 0.34.4.
 --
 -- see: https://github.com/sol/hpack
 
 name:           nri-observability
-version:        0.1.0.2
+version:        0.1.0.3
 synopsis:       Report log spans collected by nri-prelude.
-description:    Please see the README at <https://github.com/NoRedInk/haskell-libraries/tree/trunk/observability>.
+description:    Please see the README at <https://github.com/NoRedInk/haskell-libraries/tree/trunk/nri-observability#readme>.
 category:       Web
-homepage:       https://github.com/NoRedInk/haskell-libraries#readme
+homepage:       https://github.com/NoRedInk/haskell-libraries/tree/trunk/nri-observability#readme
 bug-reports:    https://github.com/NoRedInk/haskell-libraries/issues
 author:         NoRedInk
 maintainer:     haskell-open-source@noredink.com
@@ -44,7 +44,20 @@
       Paths_nri_observability
   hs-source-dirs:
       src
-  default-extensions: DataKinds DeriveGeneric FlexibleContexts FlexibleInstances GeneralizedNewtypeDeriving MultiParamTypeClasses NamedFieldPuns NoImplicitPrelude OverloadedStrings PartialTypeSignatures ScopedTypeVariables Strict TypeOperators
+  default-extensions:
+      DataKinds
+      DeriveGeneric
+      FlexibleContexts
+      FlexibleInstances
+      GeneralizedNewtypeDeriving
+      MultiParamTypeClasses
+      NamedFieldPuns
+      NoImplicitPrelude
+      OverloadedStrings
+      PartialTypeSignatures
+      ScopedTypeVariables
+      Strict
+      TypeOperators
   ghc-options: -Wall -Wcompat -Widentities -Wincomplete-record-updates -Wpartial-fields -Wredundant-constraints -Wincomplete-uni-patterns -fplugin=NriPrelude.Plugin
   build-depends:
       aeson >=1.4.6.0 && <1.6
@@ -54,7 +67,7 @@
     , bugsnag-hs >=0.1.0.0 && <0.3
     , bytestring >=0.10.8.2 && <0.12
     , directory >=1.3.3.0 && <1.4
-    , hostname >=1.0 && <1.1
+    , hostname ==1.0.*
     , http-client >=0.6.0 && <0.8
     , http-client-tls >=0.3.0 && <0.4
     , nri-env-parser >=0.1.0.0 && <0.2
@@ -63,7 +76,7 @@
     , safe-exceptions >=0.1.7.0 && <1.3
     , stm >=2.4 && <2.6
     , text >=1.2.3.1 && <1.3
-    , time >=1.8.0.2 && <1.12
+    , time >=1.8.0.2 && <1.13
     , unordered-containers >=0.2.0.0 && <0.3
   default-language: Haskell2010
 
@@ -90,7 +103,21 @@
   hs-source-dirs:
       tests
       src
-  default-extensions: DataKinds DeriveGeneric FlexibleContexts FlexibleInstances GeneralizedNewtypeDeriving MultiParamTypeClasses NamedFieldPuns NoImplicitPrelude OverloadedStrings PartialTypeSignatures ScopedTypeVariables Strict TypeOperators ExtendedDefaultRules
+  default-extensions:
+      DataKinds
+      DeriveGeneric
+      FlexibleContexts
+      FlexibleInstances
+      GeneralizedNewtypeDeriving
+      MultiParamTypeClasses
+      NamedFieldPuns
+      NoImplicitPrelude
+      OverloadedStrings
+      PartialTypeSignatures
+      ScopedTypeVariables
+      Strict
+      TypeOperators
+      ExtendedDefaultRules
   ghc-options: -Wall -Wcompat -Widentities -Wincomplete-record-updates -Wpartial-fields -Wredundant-constraints -Wincomplete-uni-patterns -fplugin=NriPrelude.Plugin -threaded -rtsopts "-with-rtsopts=-N -T" -fno-warn-type-defaults
   build-depends:
       aeson >=1.4.6.0 && <1.6
@@ -100,7 +127,7 @@
     , bugsnag-hs >=0.1.0.0 && <0.3
     , bytestring >=0.10.8.2 && <0.12
     , directory >=1.3.3.0 && <1.4
-    , hostname >=1.0 && <1.1
+    , hostname ==1.0.*
     , http-client >=0.6.0 && <0.8
     , http-client-tls >=0.3.0 && <0.4
     , nri-env-parser >=0.1.0.0 && <0.2
@@ -109,6 +136,6 @@
     , safe-exceptions >=0.1.7.0 && <1.3
     , stm >=2.4 && <2.6
     , text >=1.2.3.1 && <1.3
-    , time >=1.8.0.2 && <1.12
+    , time >=1.8.0.2 && <1.13
     , unordered-containers >=0.2.0.0 && <0.3
   default-language: Haskell2010