diff --git a/lib/ansible/modules/network/f5/bigiq_utility_license.py b/lib/ansible/modules/network/f5/bigiq_utility_license.py
new file mode 100644
index 0000000000..824eb315c2
--- /dev/null
+++ b/lib/ansible/modules/network/f5/bigiq_utility_license.py
@@ -0,0 +1,461 @@
+#!/usr/bin/python
+# -*- coding: utf-8 -*-
+#
+# Copyright: (c) 2017, F5 Networks Inc.
+# GNU General Public License v3.0 (see COPYING or https://www.gnu.org/licenses/gpl-3.0.txt)
+
+from __future__ import absolute_import, division, print_function
+__metaclass__ = type
+
+
+ANSIBLE_METADATA = {'metadata_version': '1.1',
+                    'status': ['preview'],
+                    'supported_by': 'community'}
+
+DOCUMENTATION = r'''
+---
+module: bigiq_utility_license
+short_description: Manage utility licenses on a BIG-IQ
+description:
+  - Manages utility licenses on a BIG-IQ. Utility licenses are one form of licenses
+    that BIG-IQ can distribute. These licenses, unlike regkey licenses, do not require
+    a pool to be created before creation. Additionally, when assigning them, you assign
+    by offering instead of key.
+version_added: 2.6
+options:
+  license_key:
+    description:
+      - The license key to install and activate.
+    required: True
+  accept_eula:
+    description:
+      - A key that signifies that you accept the F5 EULA for this license.
+      - A copy of the EULA can be found here https://askf5.f5.com/csp/article/K12902
+      - This is required when C(state) is C(present).
+    type: bool
+  state:
+    description:
+      - The state of the utility license on the system.
+      - When C(present), guarantees that the license exists.
+      - When C(absent), removes the license from the system.
+    default: present
+    choices:
+      - absent
+      - present
+requirements:
+  - BIG-IQ >= 5.3.0
+extends_documentation_fragment: f5
+author:
+  - Tim Rupp (@caphrim007)
+'''
+
+EXAMPLES = r'''
+- name: Add a utility license to the system
+  bigiq_utility_license:
+    license_key: XXXXX-XXXXX-XXXXX-XXXXX-XXXXX
+    accept_eula: yes
+    password: secret
+    server: lb.mydomain.com
+    state: present
+    user: admin
+  delegate_to: localhost
+
+- name: Remove a utility license from the system
+  bigiq_utility_license:
+    license_key: XXXXX-XXXXX-XXXXX-XXXXX-XXXXX
+    password: secret
+    server: lb.mydomain.com
+    state: absent
+    user: admin
+  delegate_to: localhost
+'''
+
+RETURN = r'''
+# only common fields returned
+'''
+
+import time
+
+from ansible.module_utils.basic import AnsibleModule
+
+try:
+    from library.module_utils.network.f5.bigiq import F5RestClient
+    from library.module_utils.network.f5.common import F5ModuleError
+    from library.module_utils.network.f5.common import AnsibleF5Parameters
+    from library.module_utils.network.f5.common import f5_argument_spec
+    from library.module_utils.network.f5.common import exit_json
+    from library.module_utils.network.f5.common import fail_json
+except ImportError:
+    from ansible.module_utils.network.f5.bigiq import F5RestClient
+    from ansible.module_utils.network.f5.common import F5ModuleError
+    from ansible.module_utils.network.f5.common import AnsibleF5Parameters
+    from ansible.module_utils.network.f5.common import f5_argument_spec
+    from ansible.module_utils.network.f5.common import exit_json
+    from ansible.module_utils.network.f5.common import fail_json
+
+
+class Parameters(AnsibleF5Parameters):
+    api_map = {
+        'regKey': 'license_key'
+    }
+
+    api_attributes = [
+        'regKey'
+    ]
+
+    returnables = [
+        'license_key'
+    ]
+
+    updatables = [
+        'license_key'
+    ]
+
+    def to_return(self):
+        result = {}
+        try:
+            for returnable in self.returnables:
+                result[returnable] = getattr(self, returnable)
+            result = self._filter_params(result)
+        except Exception:
+            pass
+        return result
+
+
+class ApiParameters(Parameters):
+    pass
+
+
+class ModuleParameters(Parameters):
+    pass
+
+
+class Changes(Parameters):
+    def to_return(self):
+        result = {}
+        try:
+            for returnable in self.returnables:
+                result[returnable] = getattr(self, returnable)
+            result = self._filter_params(result)
+        except Exception:
+            pass
+        return result
+
+
+class UsableChanges(Changes):
+    pass
+
+
+class ReportableChanges(Changes):
+    @property
+    def license_key(self):
+        return None
+
+
+class Difference(object):
+    def __init__(self, want, have=None):
+        self.want = want
+        self.have = have
+
+    def compare(self, param):
+        try:
+            result = getattr(self, param)
+            return result
+        except AttributeError:
+            return self.__default(param)
+
+    def __default(self, param):
+        attr1 = getattr(self.want, param)
+        try:
+            attr2 = getattr(self.have, param)
+            if attr1 != attr2:
+                return attr1
+        except AttributeError:
+            return attr1
+
+
+class ModuleManager(object):
+    def __init__(self, *args, **kwargs):
+        self.module = kwargs.get('module', None)
+        self.client = kwargs.get('client', None)
+        self.want = ModuleParameters(client=self.client, params=self.module.params)
+        self.have = ApiParameters()
+        self.changes = UsableChanges()
+
+    def _set_changed_options(self):
+        changed = {}
+        for key in Parameters.returnables:
+            if getattr(self.want, key) is not None:
+                changed[key] = getattr(self.want, key)
+        if changed:
+            self.changes = UsableChanges(params=changed)
+
+    def _update_changed_options(self):
+        diff = Difference(self.want, self.have)
+        updatables = Parameters.updatables
+        changed = dict()
+        for k in updatables:
+            change = diff.compare(k)
+            if change is None:
+                continue
+            else:
+                if isinstance(change, dict):
+                    changed.update(change)
+                else:
+                    changed[k] = change
+        if changed:
+            self.changes = UsableChanges(params=changed)
+            return True
+        return False
+
+    def should_update(self):
+        result = self._update_changed_options()
+        if result:
+            return True
+        return False
+
+    def exec_module(self):
+        changed = False
+        result = dict()
+        state = self.want.state
+
+        if state == "present":
+            changed = self.present()
+        elif state == "absent":
+            changed = self.absent()
+
+        reportable = ReportableChanges(params=self.changes.to_return())
+        changes = reportable.to_return()
+        result.update(**changes)
+        result.update(dict(changed=changed))
+        self._announce_deprecations(result)
+        return result
+
+    def _announce_deprecations(self, result):
+        warnings = result.pop('__warnings', [])
+        for warning in warnings:
+            self.module.deprecate(
+                msg=warning['msg'],
+                version=warning['version']
+            )
+
+    def present(self):
+        if self.exists():
+            return False
+        else:
+            return self.create()
+
+    def exists(self):
+        uri = "https://{0}:{1}/mgmt/cm/device/licensing/pool/utility/licenses/?$filter=regKey+eq+'{2}'".format(
+            self.client.provider['server'],
+            self.client.provider['server_port'],
+            self.want.license_key
+        )
+        resp = self.client.api.get(uri)
+        try:
+            response = resp.json()
+        except ValueError as ex:
+            raise F5ModuleError(str(ex))
+
+        if resp.status == 200 and response['totalItems'] == 0:
+            return False
+        elif 'code' in response and response['code'] == 400:
+            if 'message' in response:
+                raise F5ModuleError(response['message'])
+            else:
+                raise F5ModuleError(resp._content)
+        return True
+
+    def remove(self):
+        if self.module.check_mode:
+            return True
+        self.remove_from_device()
+        self.wait_for_removal()
+        if self.exists():
+            raise F5ModuleError("Failed to delete the resource.")
+        return True
+
+    def create(self):
+        self._set_changed_options()
+        if self.module.check_mode:
+            return True
+        if self.want.accept_eula is False:
+            raise F5ModuleError(
+                "To add a license, you must accept its EULA. Please see the module documentation for a link to this."
+            )
+        self.create_on_device()
+        self.wait_for_initial_license_activation()
+        self.wait_for_utility_license_activation()
+        if not self.exists():
+            raise F5ModuleError(
+                "Failed to activate the license."
+            )
+        return True
+
+    def create_on_device(self):
+        params = self.changes.api_params()
+        uri = 'https://{0}:{1}/mgmt/cm/device/licensing/pool/initial-activation'.format(
+            self.client.provider['server'],
+            self.client.provider['server_port'],
+        )
+
+        params['name'] = self.want.license_key
+        params['status'] = 'ACTIVATING_AUTOMATIC'
+
+        resp = self.client.api.post(uri, json=params)
+        try:
+            response = resp.json()
+        except ValueError as ex:
+            raise F5ModuleError(str(ex))
+
+        if 'code' in response and response['code'] == 400:
+            if 'message' in response:
+                raise F5ModuleError(response['message'])
+            else:
+                raise F5ModuleError(resp._content)
+
+    def wait_for_removal(self):
+        count = 0
+
+        while count < 3:
+            if not self.exists():
+                count += 1
+            else:
+                count = 0
+            time.sleep(1)
+
+    def wait_for_initial_license_activation(self):
+        count = 0
+        uri = 'https://{0}:{1}/mgmt/cm/device/licensing/pool/initial-activation/{2}'.format(
+            self.client.provider['server'],
+            self.client.provider['server_port'],
+            self.want.license_key
+        )
+
+        while count < 3:
+            resp = self.client.api.get(uri)
+            try:
+                response = resp.json()
+            except ValueError as ex:
+                raise F5ModuleError(str(ex))
+
+            if 'code' in response and response['code'] == 400:
+                if 'message' in response:
+                    raise F5ModuleError(response['message'])
+                else:
+                    raise F5ModuleError(resp._content)
+
+            if response['status'] == 'READY':
+                count += 1
+            elif response['status'] == 'ACTIVATING_AUTOMATIC_NEED_EULA_ACCEPT':
+                uri = response['selfLink'].replace(
+                    'https://localhost',
+                    'https://{0}:{1}'.format(
+                        self.client.provider['server'],
+                        self.client.provider['server_port']
+                    )
+                )
+                self.client.api.patch(uri, json=dict(
+                    status='ACTIVATING_AUTOMATIC_EULA_ACCEPTED',
+                    eulaText=response['eulaText']
+                ))
+            elif response['status'] == 'ACTIVATION_FAILED':
+                raise F5ModuleError(str(response['message']))
+            else:
+                count = 0
+            time.sleep(1)
+
+    def wait_for_utility_license_activation(self):
+        count = 0
+        uri = 'https://{0}:{1}/mgmt/cm/device/licensing/pool/utility/licenses/{2}'.format(
+            self.client.provider['server'],
+            self.client.provider['server_port'],
+            self.want.license_key
+        )
+
+        while count < 3:
+            resp = self.client.api.get(uri)
+            try:
+                response = resp.json()
+            except ValueError as ex:
+                raise F5ModuleError(str(ex))
+
+            if 'code' in response and response['code'] in [400, 401]:
+                if 'message' in response:
+                    raise F5ModuleError(response['message'])
+                else:
+                    raise F5ModuleError(resp._content)
+
+            if response['status'] == 'READY':
+                count += 1
+            elif response['status'] == 'ACTIVATION_FAILED':
+                raise F5ModuleError(str(response['message']))
+            else:
+                count = 0
+            time.sleep(1)
+
+    def absent(self):
+        if self.exists():
+            return self.remove()
+        return False
+
+    def remove_from_device(self):
+        uri = 'https://{0}:{1}/mgmt/cm/device/licensing/pool/utility/licenses/{2}'.format(
+            self.client.provider['server'],
+            self.client.provider['server_port'],
+            self.want.license_key
+        )
+
+        resp = self.client.api.delete(uri)
+        try:
+
+            response = resp.json()
+        except ValueError as ex:
+            raise F5ModuleError(str(ex))
+
+        if 'code' in response and response['code'] == 400:
+            if 'message' in response:
+                raise F5ModuleError(response['message'])
+            else:
+                raise F5ModuleError(resp._content)
+
+
+class ArgumentSpec(object):
+    def __init__(self):
+        self.supports_check_mode = True
+        argument_spec = dict(
+            license_key=dict(required=True, no_log=True),
+            accept_eula=dict(type='bool'),
+            state=dict(
+                default='present',
+                choices=['present', 'absent']
+            ),
+        )
+        self.argument_spec = {}
+        self.argument_spec.update(f5_argument_spec)
+        self.argument_spec.update(argument_spec)
+        self.required_if = [
+            ['state', 'present', ['accept_eula']]
+        ]
+
+
+def main():
+    spec = ArgumentSpec()
+
+    module = AnsibleModule(
+        argument_spec=spec.argument_spec,
+        supports_check_mode=spec.supports_check_mode,
+        required_if=spec.required_if
+    )
+
+    try:
+        client = F5RestClient(module=module)
+        mm = ModuleManager(module=module, client=client)
+        results = mm.exec_module()
+        exit_json(module, results, client)
+    except F5ModuleError as ex:
+        fail_json(module, ex, client)
+
+
+if __name__ == '__main__':
+    main()
diff --git a/test/units/modules/network/f5/test_bigiq_utility_license.py b/test/units/modules/network/f5/test_bigiq_utility_license.py
new file mode 100644
index 0000000000..efa6075e1d
--- /dev/null
+++ b/test/units/modules/network/f5/test_bigiq_utility_license.py
@@ -0,0 +1,108 @@
+# -*- coding: utf-8 -*-
+#
+# Copyright: (c) 2017, F5 Networks Inc.
+# GNU General Public License v3.0 (see COPYING or https://www.gnu.org/licenses/gpl-3.0.txt)
+
+from __future__ import (absolute_import, division, print_function)
+__metaclass__ = type
+
+import os
+import json
+import pytest
+import sys
+
+from nose.plugins.skip import SkipTest
+if sys.version_info < (2, 7):
+    raise SkipTest("F5 Ansible modules require Python >= 2.7")
+
+from ansible.compat.tests import unittest
+from ansible.compat.tests.mock import Mock
+from ansible.compat.tests.mock import patch
+from ansible.module_utils.basic import AnsibleModule
+
+try:
+    from library.modules.bigiq_utility_license import ModuleParameters
+    from library.modules.bigiq_utility_license import ModuleManager
+    from library.modules.bigiq_utility_license import ArgumentSpec
+    from library.module_utils.network.f5.common import F5ModuleError
+    from library.module_utils.network.f5.common import iControlUnexpectedHTTPError
+    from test.unit.modules.utils import set_module_args
+except ImportError:
+    try:
+        from ansible.modules.network.f5.bigiq_utility_license import ModuleParameters
+        from ansible.modules.network.f5.bigiq_utility_license import ModuleManager
+        from ansible.modules.network.f5.bigiq_utility_license import ArgumentSpec
+        from ansible.module_utils.network.f5.common import F5ModuleError
+        from ansible.module_utils.network.f5.common import iControlUnexpectedHTTPError
+        from units.modules.utils import set_module_args
+    except ImportError:
+        raise SkipTest("F5 Ansible modules require the f5-sdk Python library")
+
+fixture_path = os.path.join(os.path.dirname(__file__), 'fixtures')
+fixture_data = {}
+
+
+def load_fixture(name):
+    path = os.path.join(fixture_path, name)
+
+    if path in fixture_data:
+        return fixture_data[path]
+
+    with open(path) as f:
+        data = f.read()
+
+    try:
+        data = json.loads(data)
+    except Exception:
+        pass
+
+    fixture_data[path] = data
+    return data
+
+
+class TestParameters(unittest.TestCase):
+    def test_module_parameters(self):
+        args = dict(
+            license_key='XXXX-XXXX-XXXX-XXXX-XXXX',
+            accept_eula=True,
+        )
+
+        p = ModuleParameters(params=args)
+        assert p.license_key == 'XXXX-XXXX-XXXX-XXXX-XXXX'
+        assert p.accept_eula is True
+
+
+class TestManager(unittest.TestCase):
+
+    def setUp(self):
+        self.spec = ArgumentSpec()
+        self.patcher1 = patch('time.sleep')
+        self.patcher1.start()
+
+    def tearDown(self):
+        self.patcher1.stop()
+
+    def test_create(self, *args):
+        set_module_args(dict(
+            license_key='XXXX-XXXX-XXXX-XXXX-XXXX',
+            accept_eula=True,
+            password='passsword',
+            server='localhost',
+            user='admin'
+        ))
+
+        module = AnsibleModule(
+            argument_spec=self.spec.argument_spec,
+            supports_check_mode=self.spec.supports_check_mode
+        )
+        mm = ModuleManager(module=module)
+
+        # Override methods to force specific logic in the module to happen
+        mm.exists = Mock(side_effect=[False, True])
+        mm.create_on_device = Mock(return_value=True)
+        mm.wait_for_initial_license_activation = Mock(return_value=True)
+        mm.wait_for_utility_license_activation = Mock(return_value=True)
+
+        results = mm.exec_module()
+
+        assert results['changed'] is True