diff --git a/Jamfile.v2 b/Jamfile.v2
new file mode 100644
index 0000000000..7ad606f78e
--- /dev/null
+++ b/Jamfile.v2
@@ -0,0 +1,7 @@
+
+project boost
+    : requirements <include>.
+    ;
+    
+build-project libs/test/build ;
+build-project libs/date_time/build ;
\ No newline at end of file
diff --git a/boost-build.jam b/boost-build.jam
index 0a2b927770..75542e4d71 100644
--- a/boost-build.jam
+++ b/boost-build.jam
@@ -1,2 +1,18 @@
 BOOST_ROOT = $(.boost-build-file:D) ;
-boost-build tools/build ;
+if --v2 in $(ARGV)
+{
+    if $(JAM_VERSION:J="") < 030103
+    {
+	ECHO "error: Boost.Jam 3.1.3 or later required" ;
+	EXIT ;
+    }
+    else
+    {
+        JAMFILE = Jamfile.v2 ;
+	boost-build tools/build/new ;
+    }	
+}
+else
+{
+    boost-build tools/build ;
+}    
diff --git a/libs/date_time b/libs/date_time
index 5cd11255f9..f207d16725 160000
--- a/libs/date_time
+++ b/libs/date_time
@@ -1 +1 @@
-Subproject commit 5cd11255f906cc3ae9dc910eff2e586fed148018
+Subproject commit f207d1672541f02465abb75cdc5b6b312cc010b0
diff --git a/libs/test b/libs/test
index 8bcc3c40b0..e927fc314f 160000
--- a/libs/test
+++ b/libs/test
@@ -1 +1 @@
-Subproject commit 8bcc3c40b04d35af33b999a1ecaed9eccf699282
+Subproject commit e927fc314f5158f7fe8fb9f9cdf49126cd4a1c3d
diff --git a/project-root.jam b/project-root.jam
index 14ae62a597..487eef9803 100644
--- a/project-root.jam
+++ b/project-root.jam
@@ -1,3 +1,2 @@
-# empty file for now, just to satisfy requirements for Boost.Build v2 testing
-
 
+import gcc ;