Yeah, the oak chips will be taken out then since by that time they'll be mostly settled on the bottom mixed with the lees that you're racking the wine off of, and in any case floaters will end up on the lees as you finish racking.
2 weeks sounds like a long time in the primary... (just saying, not suggesting you shouldn't follow the kit's directions). After that amount of time, your SG should be below 1 and the chips will have imparted all their flavour to the wine anyway.
If you find it's not enough oak for your taste, I'd suggest using chunks, beans, or cubes later after you rack your secondary for the second time. These bigger oak pieces impart their flavour to the wine more slowly, over a period of many weeks and even months. This way you can't put too much in. Otherwise an overdose of very fine oak chips can ruin a finished wine over night. Just taste a bit every week or two and rack off the oak when it's to your liking.
BTW, how is the weather on the South Shore? I used to hang around Mahone Bay quite a bit. I was born and raised in the Valley.