diff --git a/actions-languageserver/src/index.ts b/actions-languageserver/src/index.ts
index bea1564..8523f5e 100644
--- a/actions-languageserver/src/index.ts
+++ b/actions-languageserver/src/index.ts
@@ -18,6 +18,7 @@ import {
   RepositoryContext,
 } from "./initializationOptions";
 import { onCompletion } from "./on-completion";
+import { TTLCache } from "./utils/cache";
 
 // Create a connection for the server, using Node's IPC as a transport.
 // Also include all preview / proposed LSP features.
@@ -28,6 +29,7 @@ const documents: TextDocuments<TextDocument> = new TextDocuments(TextDocument);
 
 let sessionToken: string | undefined;
 let repos: RepositoryContext[] = [];
+const cache = new TTLCache();
 
 let hasConfigurationCapability = false;
 let hasWorkspaceFolderCapability = false;
@@ -108,7 +110,8 @@ connection.onCompletion(
       position,
       documents.get(textDocument.uri)!,
       sessionToken,
-      repos.find((repo) => textDocument.uri.startsWith(repo.workspaceUri))
+      repos.find((repo) => textDocument.uri.startsWith(repo.workspaceUri)),
+      cache,
     );
   }
 );
diff --git a/actions-languageserver/src/on-completion.ts b/actions-languageserver/src/on-completion.ts
index 9d314cc..89e45c3 100644
--- a/actions-languageserver/src/on-completion.ts
+++ b/actions-languageserver/src/on-completion.ts
@@ -1,10 +1,11 @@
 import { complete } from "@github/actions-languageservice/complete";
 import { WorkflowContext } from "@github/actions-languageservice/context/workflow-context";
-import { ValueProviderConfig } from "@github/actions-languageservice/value-providers/config";
+import { Value, ValueProviderConfig } from "@github/actions-languageservice/value-providers/config";
 import { Octokit } from "@octokit/rest";
 import { CompletionItem, Position } from "vscode-languageserver";
 import { TextDocument } from "vscode-languageserver-textdocument";
 import { RepositoryContext } from "./initializationOptions";
+import { TTLCache } from "./utils/cache";
 import { getEnvironments } from "./value-providers/job-environment";
 import { getRunnerLabels } from "./value-providers/runs-on";
 
@@ -12,25 +13,38 @@ export async function onCompletion(
   position: Position,
   document: TextDocument,
   sessionToken: string | undefined,
-  repoContext: RepositoryContext | undefined
+  repoContext: RepositoryContext | undefined,
+  cache: TTLCache,
 ): Promise<CompletionItem[]> {
   const config: ValueProviderConfig = {
     getCustomValues: async (key: string, context: WorkflowContext) =>
-      getCustomValues(key, context, sessionToken, repoContext),
+      getCustomValuesWithCache(key, context, sessionToken, repoContext, cache),
   };
   return await complete(document, position, config);
 }
 
-async function getCustomValues(
+async function getCustomValuesWithCache(
   key: string,
   context: WorkflowContext,
   sessionToken: string | undefined,
   repo: RepositoryContext | undefined,
-) {
+  cache: TTLCache,
+  ): Promise<Value[] | undefined> {
   if (!sessionToken || !repo) {
     return;
   }
 
+  const cacheKey = `${repo.owner}/${repo.name}/${key}`;
+  return cache.get(cacheKey, undefined, async () => await getCustomValues(key, context, sessionToken, repo));
+}
+
+
+async function getCustomValues(
+  key: string,
+  _: WorkflowContext,
+  sessionToken: string,
+  repo: RepositoryContext,
+): Promise<Value[] | undefined> {
   const octokit = new Octokit({
     auth: sessionToken,
   });
diff --git a/actions-languageserver/src/utils/cache.ts b/actions-languageserver/src/utils/cache.ts
new file mode 100644
index 0000000..7bd791a
--- /dev/null
+++ b/actions-languageserver/src/utils/cache.ts
@@ -0,0 +1,47 @@
+// From https://github.com/cschleiden/github-actions-parser/blob/a81dec9b7462dbcff08fbad0792f5ad549d9de7d/src/lib/workflowschema/workflowSchema.ts
+interface CacheEntry<T> {
+  cachedAt: number;
+  content: T;
+}
+
+export class TTLCache {
+  private cache = new Map<string, CacheEntry<unknown>>();
+
+  constructor(private defaultTTLinMS: number = 10 * 60 * 1000) {}
+
+  /**
+   *
+   * @param key Key to cache value under
+   * @param ttlInMS How long is the content valid. If optional, default value will be used
+   * @param getter Function to retrieve content if not in cache
+   */
+  async get<T>(
+    key: string,
+    ttlInMS: number | undefined,
+    getter: () => Promise<T>
+  ): Promise<T> {
+    const hasEntry = this.cache.has(key);
+    const e = hasEntry && this.cache.get(key);
+    if (
+      hasEntry &&
+      e &&
+      e.cachedAt > Date.now() - (ttlInMS || this.defaultTTLinMS)
+    ) {
+      return e.content as T;
+    }
+
+    try {
+      const content = await getter();
+
+      this.cache.set(key, {
+        cachedAt: Date.now(),
+        content,
+      });
+
+      return content;
+    } catch (e) {
+      this.cache.delete(key);
+      throw e;
+    }
+  }
+}
\ No newline at end of file