This　is　the　second　part　of　a　two-part　paper　on　the　evaluation　of　the　historic　Roebling　suspension　bridge　using　dynamic-analysis　techniques.　Dynamic　properties　are　determined　using　ambient　field　testing　under　natural　excitation.　The　finite-element　(FE)　model　described　in　the　first　part　of　this　two-part　paper　is　modified　to　more　accurately　represent　current　bridge　properties.　Modifications　of　the　model　are　based　on　correlating　the　FE　model　frequencies　with　ambient　test　frequencies　by　adjusting　the　FE　model　stiffness　parameters.　The　updated　3D　FE　model　is　subsequently　subjected　to　an　extreme　live-load　condition　to　evaluate　static　safety　margins.　In　addition,　cable　areas　are　reduced　by　10　to　40%　to　simulate　further　deterioration　and　corrosion.　The　safety　margin　of　the　main　cables　is　demonstrated　to　be　good　even　when　assuming　a　very　conservative　40%　cable　area　reduction,　and　truss　member　forces　remain　within　the　maximum　load-carrying　capacity　even　when　the　cable　areas　are　reduced　by　40%.