[Observium] RANCID Integration with RHEL

I’m trying to install RANCID on Observium using the doc http://www.observium.org/docs/rancid/.

I get as far as

Run this command to create the folder structure:

su - rancid /var/lib/rancid/bin/rancid-cvs

but get

-bash: /var/lib/rancid/bin/rancid-cvs: No such file or directory

Is there a different directory when running Observium on RHEL that I should be using to create the folder structure?