HEAT barbecue to medium-high heat. Reserve 2 Tbsp. barbecue sauce. Wrap each chicken piece with 1 bacon piece. Repeat with remaining chicken and bacon. Thread alternately with peach pieces onto 4 skewers. Brush with remaining barbecue sauce.
GRILL 12 to 14 min. or until chicken is done, brushing with reserved sauce the last 2 min.