Preheat oven to 350 degrees. Coat a Bundt pan with nonstick cooking spray with flour in it.
In a small pan, melt butter, brown sugar and water. Mix in the pumpkin and vanilla. Bring to a boil, turn heat to low and cook for 2 minutes. Stir often. Set aside.
In a large bowl, blend ⅓ cup granulated sugar, pumpkin pie spice and cinnamon.
Quarter each biscuit and roll each in sugar mixture. Place ½ the pieces layered evenly in Bundt pan.
Spoon ½ of cooked sauce over the biscuit pieces. Place remaining ½ pieces of biscuits layered evenly in Bundt pan. If there is any sugar/cinnamon mixture left, sprinkle over top of biscuit pieces. Spoon remaining ½ of cooked sauce evenly over biscuit pieces.
Bake for 25 minutes. Remove from oven. Let sit for about 5 minutes. While still hot, carefully loosen sides and middle of pan and invert onto a serving plate.
Serve warm. Slice into 16 slices and let everyone pull their slice apart to eat. This monkey bread freezes great. Slice into servings and place in individual plastic container. Store in freezer.