INCUMBENT TBWA CHIAT/DAY DECLINES

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TBWA Chiat/Day here will not defend the estimated $12-15 million U.S. account of KPMG Peat Marwick. The agency was hired by the New York-based company in 1993, although the account has been inactive since April 1996, according to the agency. The client is currently conducting a review that includes three New York shops: Bozell Worldwide, Saatchi & Saatchi Advertising and Lowe & Partners/SMS [Adweek, Sept. 8]. George Ledwith, director of corporate communications at KPMG, said the review will proceed with the three shops.

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